Benefit from our range of commercial and business loans.

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Industry specialists

We'll craft a financial package to suit your requirements.

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Range of loans

Assistance with loans for everyday expenses or expansion.

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Domestic Asset Finance

Finance solutions to help you expand your business.

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Have constant access to funds with revolving credit

From short-term loans to financing working capital gaps, and term lending to fund expansion plans, we offer a complete range of lending solutions.

What you get
  • Loan available in major currencies (SCR, USD, EUR and GBP)
  • Repayment period of 1-8 years
  • Moratorium can be negotiated (up to a maximum of 24 months)
  • Business contribution of up to 30% of the loan amount
  • A negotiable margin
  • A dedicated Relationship Manager is assigned to your account. Please consult our Relationship Managers for availability of term loan in other foreign currency
What you need to know
  • The loan amount you are eligible for will depend upon your business turnover and its debt obligations, as well as the market value of the security provided
  • An arrangement fee and management fee is applicable when applying for the loan
  • A commitment fee may apply (where applicable)
  • Security includes pledge over the asset and insurance over the asset
What to bring when you apply

Applying for a term loan with Barclays is straightforward. You simply need to set an appointment with your Relationship Manager and provide us with the following documents (1), if you don’t have an existing Account with us.

  • Your business registration documents such as business name registration certificate in case of sole traders or partnerships, or company registration certificate and other company formation documents such as memorandum and articles of association in case of companies
  • Business licence certificate if applicable to your business type
  • A documentary proof of business address
  • A valid identification document such as Passport or National Identity Card for the proprietor, partners, shareholders and/or directors
  • A documentary proof of address (not more than three months old) such as a utility bill(2)(3) proprietor, partners, shareholders and/or directors
  • Audited financials (last three years)
  • Cash flow (month-to-month and yearly)
  • CIS (Credit Information System) form
  • Project Memorandum or Business Plan
  • Proof of equity
  1. Barclays reserves the right to accept or decline any application based on internal policy
  2. Additional documentation may be requested by Barclays as deemed necessary
  3. Please consult your Relationship Manager for more information

*Terms and conditions apply

*Facility is subject to credit approval

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Apply for an overdraft today

Do you require a temporary loan for working capital requirements? We can offer you an overdraft on your current account.

What you get
  • A pre-agreed interest rate
  • An overdraft in major currencies (SCR, USD and EUR)
  • An on-demand facility
  • One year tenor that may be renewed
  • A dedicated Relationship Manager is assigned to your account. Please consult our Relationship Managers for availability of overdrafts in other foreign currencies
What you need to know
  • Interest is only paid on the amount used
  • Overdraft amount is dependent on adequate security
  • Dependent on financial statement and cash flow projections 
  • An arrangement fee is applicable
  • An overdraft facility is available for up to one year and may be renewed
What to bring when you apply

Applying for an overdraft with Barclays is straightforward. You simply need to set an appointment with your Relationship Manager and provide us with the following documents (1), if you don’t have an existing Account with us.

  • Your business registration documents such as business name registration certificate in case of sole traders or partnerships, or company registration certificate and other company formation documents such as memorandum and articles of association in case of companies
  • Business licence certificate if applicable to your business type
  • A documentary proof of business address
  • A valid identification document such as Passport or National Identity Card for the proprietor, partners, shareholders and/or directors
  • A documentary proof of address (not more than three months old) such as a utility bill(2)(3) proprietor, partners, shareholders and/or directors
  • Audited financials (last three years)
  • Cash flow (month-to-month and yearly)
  • CIS (Credit Information System) form
  • Project Memorandum or Business Plan
  • Proof of equity
  1. Barclays reserves the right to accept or decline any application based on internal policy
  2. Additional documentation may be requested by Barclays as deemed necessary
  3. Please consult your Relationship Manager for more information

*Terms and conditions apply

*Facility is subject to credit approval

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Need more help?

Call:

Tel: (+248) 438 3939

Email:

sez.customerservices@barclays.com

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