Commercial loans

Below are the requirements:

  • The applicant must hold an account with BFS.
  • Loan size ranges from Shs.100,000 to Shs.150,000,000 for individuals and up to Shs.200,000,000 for companies and institutions.
  • Are offered at 2.5% interest on reducing balance per month.
  • Repayments can be made monthly, quarterly, or binary depending on the nature of the business.
  • Payable in a period not exceeding 24 months.
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