Commercial Loan
Expand your business, finance core working assets in the business, acquire asset acquisition or purchase land with the DTB Commercial Loan.
Benefits
- Access critical funding while maintaining lower overhead costs
- Possibility of paying back money slowly as you work to increase business profits
- Flexible repayment terms in line with your cash flow cycle
- Ability to manage your cash flows with equal monthly repayments
- Dedicated relationship manager
Charges
| Credit related interest and charges | |
|---|---|
| Base lending rate UGX | 22.50% p.a. |
| Base lending rate FCY | 12% p.a. |
| Bank guarantee / bid security / advance payment / performance guarantee | 1% per quarter |
| Bank guarantee / bid security / advance payment / performance guarantee - cash backed | 0.50% per quarter |
| Base lending rate LCY / FCY - maximum | BLR + 3% |
| Base lending rate LCY / FCY - minimum | BLR + 3% |
| Credit renewal fee | 1.50% |
| Discharge of security documents | UGX 50,000 |
| Early loan settlement | three months interest |
| Insurance / legal / valuation fee / stamp duty | actuals |
| Issuance of financial card- individual / company | individual UGX30,000; company UGX 60,000 |
| Insurance / legal / valuation fee / stamp duty | actuals |
| Loan / advance facility restructuring of the outstanding amount | 1.50% |
| Penal interest for overdrawing- FCY | base+ 10% |
| Penal interest for overdrawing- LCY | base+ 20% |
| Processing / administration fee of the facility amount | 1.50% |
| Term Loan annual monitoring fee of the facility amount | 0.25% |
| *Base lending rates are subject to change |
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