Seasonal Finance Loan

A facility designed to help seasonal businesses (e.g. coffee growers) meet cash flow needs throughout their business cycle. Typically Seasonal Finance Loans will be drawn for several months and used to cover business costs until a crop is harvested, processed, delivered and settled.

 

Features:

  • Minimum amount - K50,000
  • Term - up to 12 months
  • Progressive drawdown
  • Variable interest rate
  • Off schedule repayment options available

 

Benefits:

  • Helps ensure access to cash throughout the business cycle
  • Repayments can be structured to match irregular cash flows

 

For further information please speak with your Relationship Manager or call BSP Corporate Banking toll free on 180 1100 or +675 305 7900.