Tithamange Loan

This loan product has been designed to address capital and financing needs of clients who have innovative business plans or have been awarded a contract for goods and services but require immediate financing and capital in order to deliver and execute the contract.

Normally, this targeted client have no access to formal banking services due to lack of credit history and lack of security. The purpose of this loan facility is to provide bridging finance and trade finance to enable clients execute their contract within the shortest time period. Clients to benefit from this product shall sign assignment of proceeds contract before funds are disbursed and this forms the basis as a security for the credit facility.

This loan facility is targeted towards clients who demonstrate in
tegrity, trust, dignity and confidence in their business dealings and transactions. No security is required as the attributes highlighted above would serve as security.

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