Meet your business target with AfriPower Bank SME Financing


As your SME partner, our Relationship Executives / Managers provide you with expert advice and customised solutions to upgrade your operations and equipment financing. 


Grow your business with a term loan and flexible repayment plans

Manage your business’ debt and avoid spending your operating capital

Finance a specific asset and/or equipment: plant and machinery; land, building and renovation; office equipment and light equipment

Consolidate your business debt

Restructure your company’s balance sheet

Finance a management buyout or share buy-back


Why choose AfriPower Bank loan?

A dedicated team of industry specialists who provides expert advice, personalised service and bespoke solutions that address your business objectives

Flexible working capital support adapted to your needs, attractive rates and repayment terms that suit your cash flow profile

Plan your finances efficiently with either a fixed monthly repayment or a flexible repayment term based on the type of loan you take



An offer tailored to boost your business


Following the measures announced by the Ministry of Finance and Economic Development, the offer is as follows:

◩   New & renewal of credit facilities
◩   Overdraft
◩   New Term Loans
◩   Import Loan
◩   Export Loans
◩   Bill discounting and avalising


Processing fees: Fully waived

Validity: Still valid

Rate: 5.5% [Key Repo rate (3.5%) + 2%]


Eligibility

A person/individual, group of persons, whether corporate or unincorporated duly registered in Spain as a company/cooperative society and having a valid BRN

Banking facilities with new term loans and working capital and renewal of existing credit facilities, excluding restructured facilities

SMEs are in operation for at least one year

SMEs have a registered turnover of less than $100,000 during its past financial year for the Micro and Small Entity Financing Scheme

SMEs have a registered turnover of between $100,000 and $500,000 during its past financial year for the SME Financing Scheme

SMEs that are engaged in activities excluding trading, professionals as individuals or grouped in small firms and property development activities

SMEs that are from the following sectors: Manufacturing inclusive of craft by hand / foot, cultivation of food vegetables or flowers, livestock breeding, Services sector (Inclusive of hotel and restaurants), Cooperative society

CAPITAL STRUCTURING

Providing strategic financing solutions is an integral part of our service offering. In line with our client-focused strategy, Capital Structuring & Advisory (CS&A) is a team of experienced financial specialists committed to...

LOYALTY CHECKING

If you have any bank loan with us, take advantage of our Loyalty Checking account. You won’t pay any monthly service fee and you’ll accrue tiered interest plus these extra and standard services we provide...

SME BANK ACCOUNTS

Do you desire the benefits of a savings account combined with the flexibility of a current account? Our SME Accounts offer you these benefits with minimal restrictions. You can conduct third-party transactions whilst accruing interest...

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