If you have property or your life insured, you may access our Insurance Premium Finance to pay insurance premiums
- 6 months active account.
- Deposit of 3 months premiums.
- Insurance policy rights ceded to the Bank.
- Audited accounts, management accounts, 12 months cash flow projections
- Memorandum/Articles of Association and Board Resolution to borrow
- As per Insurer’s invoice.
- Payment of insurance premiums.
- Base Rate + Risk-Based margin
- 9 months
- Interest repayment on reducing balance basis.
- Flexible collateral.
- Can obtain parallel loans if you have an excellent credit record.