SME BUSINESS FINANCE
Purpose
To assist qualifying Small and Medium Enterprises (SME's) with working capital, capex finance, short term loans, letters of credit, guarantees and bonds.
Target Market
Sole proprietorships and limited companies that have sales turnover of up to K 100, 000,000 running or intend to run any business which is not on the Banks negative list.
Terms and Conditions
What can my business lease?
Any asset of durable and identifiable nature. This includes equipment, plant, machinery, commercial vehicles, tractors, business cars, generators, computers, etc.
Can my business qualify for leasing?
If your business is properly established and registered (sole traders, professional partnerships and companies), you can qualify for asset finance provided your business can demonstrate the ability to generate cash to meet rental payments.
How will my Business benefit from National Bank Asset Finance Section?
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National Bank of Malawi is the biggest bank and has the capacity to provide finance for all capital assets requirements.
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Our professional leasing team with unrivalled experience have a better understanding of Malawian business environment in assessing requirements of applicants.
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Vehicle and Asset Finance Section is easy to contact through any National Bank of Malawi Service Centres which are available all over Malawi.
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Repayments are flexible and are tailored to suit the cash flow pattern of your business. It could be monthly, quarterly or on a seasonal basis over an agreed time frame.
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Leasing enables your company to employ conserved working capital profitably.
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Normally, no other collateral other than the asset that is financed constitutes security
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Quick decision making to meet expectations.
Contact us at:
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Head Office
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Lilongwe Office
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7th Henderson Street, Blantyre, Malawi
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National Bank, Capital City Service Centre
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Tel: 01820 622 / 01823755 / 08829109
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P O Box 30371, Capital City Lilongwe 3
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Fax: 01820549
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Tel: 01770322 / 08826386
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e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
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Fax: 01774979
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e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
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