Our credit facilities are available to all our customers living abroad. We can process your requests to completion while you are abroad.
Diaspora Mortgage/Construction Loan
Our mortgage and construction loan facilities enable you to access funding towards;
- Purchase of a house.
- Construction of residential and commercial buildings etc.
Features and benefits
- A maximum of 10 years repayment period.
- Value added services such as competitive insurance covers, negotiated legal fees, valuation services, competitive commitment fees and entry fees.
- An end-to-end solution with emphasis on investment support.
- We have a panel of experts who we recommend to you on request.
Requirements
- Scanned copies of Identification documents – Tin, valid passport/driving license
- Letter from employer confirming employment terms and emoluments
- Original or certified copies of pay-slips for the last 3 months
- Recent CRB credit report
Plot Purchase Loan
Do you want to buy land and you do not have the lump sum amount to make that purchase? Our plot purchase loan enables you to borrow funds towards purchase of a plot for residential or commercial purposes.
Features and benefits
- Property financing can be for both residential and commercial purposes.
- Financing of up to 60% FSV(forced sale value) incase of open land and 75% for developed property
- We use title deed as security. The title deed can be of the property being purchased or of a different property
- Currency USD or TSH
- Tenor – up to 84 months
- Access a panel of experts who we recommend to you on request.
- An end-to-end solution with emphasis on investment support.
- Value added services such as competitive insurance covers, negotiated legal fees and valuation services, and competitive commitment fees and entry fees.
Requirements
- Scanned copies of Identification documents – Tin, valid passport/driving License
- Letter from employer confirming employment
- Terms and emoluments
- Original or certified copies of pay-slips for the last 3 months
- Recent CRB credit report
- Proof of payment by the customer e.g. transaction copy or receipt
- Valuation report of the property by Equity Bank valuers
- For commercial properties, occupancy permit from Local Authority is required.
Asset Finance
We offer loan facilities to customers that would like to purchase business or personal assets such as personal or commercial motor vehicles, machinery and equipment. We finance up to 70% of the value of the asset. The asset is taken as the security/collateral of the loan.
Business Loans
We offer secured working capital loan facilities for business growth and expansion of already existing businesses. Get in touch with us for more details.
Personal Loans
We offer secured and unsecured loan facilities to salaried individuals based on their employment contracts. Get in touch with us for more details.
Trade Finance
Get bid bonds, performance bonds, advance payment guarantees, LPO financing, letter of credit and bank guarantees, suitable for your various business requirements.
