Working Capital

There when you need it. No delays.

Overview

Does your business lack adequate cash on hand to cover day-to-day operational expenses like rent or utility payments? Is your company faced with high seasonality or cyclical sales periods due to reduced business activity? The BOA working capital facility is your solution.

MULTI-CurrencyMulti-currency funding available

TAILOR-MADE StructureTailor-made credit structure according to your business cycle

Flexible PlanFlexible and affordable repayment periods up to 12 months

AFFORDABLE PricingAttractive pricing options

ANNUAL LIMITSAnnual financing limits available to reduce the processing time of your recurring requests

QUICK ProcessingQuick application processing

Download our services and products pricing guide for more information.

General Business Credit Application Requirements

Fully filled in business loan application form (Available at a branch or delivered to your office)
Financial credit bureau card for the borrowing entity
Business bank statements for past 12 months
Business financial statements, including and income statement, balance sheet and cash flow
Passport size photograph of each director
Copy of valid identification card of each director
Valuation report for the property / assets to be pledged as collateral (where applicable or requested by the Bank)
Business plan and an updated business profile
Tax identification number (TIN) and tax clearance certificate
Formal written request stating the amount, purpose, tenor, source of repayment and proposed security
Board resolution to borrow
Trading license
Any other information as may be requested by the Bank, depending on the nature of the request. Our Relationship Management team will guide you on the process