This Working Capital facility is an excellent financing tool for vital areas of  the commercial sector that support productive industries by providing them with goods and services. The General Trade line may be used to purchase non–capital goods and therefore is an excellent financing tool when replenishing stock.

Interest Rate* – 16%p.a. on the reducing balance,

*Subject to periodic review

Eligibility Requirements

Eligible applicants include established small and medium sized enterprises (SMEs) within the general distributive trade.  Special emphasis is placed on applicants operating within the Health and Education Sectors as well as in the motor vehicle parts and supplies industry.   Applicants should at minimum be registered as a sole trader.

Terms

Loan Period. Repayment period for loans are for a maximum of 48 month. Up to 6 months moratorium on interest payments only can be considered on a case by case basis.

Fees & Charges. A commitment fee of up to 1.5% depending on the assessment of risk and a non-refundable processing fee of $5,000 plus GCT are applicable.

Where do I Apply?

Application forms are available online, or from the EXIM Bank.   Apply directly to the EXIM Bank. Please see our required documentation.

Schedule of fees