School Bridge Finance

Overview

The end of term or beginning of term crisis can be a tough period to run your institution. Teacher salaries, food supplies, bills and more can put a strain on your depleted cash flows. Our School Bridge solution is aimed at keeping you afloat to meet your operational expenses between school fees collection cycles when funds may not be readily available.

This financing is offered at attractive interest rates with no security requirement.

Flexible REPAYMENT PlanFlexible and affordable repayment periods up to 3 months

TAILOR-MADE StructureTailor-made credit structure according to your education institution cycle

AFFORDABLE PricingAffordable interest rates

No Security REQUIREDUnsecured credit for education institutions. No collateral is required

Quick ProcessingQuick processing. No delays

Digital SettlementsQuickly process your institution's outstanding payments digitally after approval

Download our services and products pricing guide for more information.

General Business Credit Application Requirements

Fully filled in business loan application form (Available at a branch or delivered to your office)
Financial credit bureau card for the borrowing entity
Business bank statements for past 12 months
Business financial statements, including and income statement, balance sheet and cash flow
Passport size photograph of each director
Copy of valid identification card of each director
Valuation report for the property / assets to be pledged as collateral (where applicable or requested by the Bank)
Business plan and an updated business profile
Tax identification number (TIN) and tax clearance certificate
Formal written request stating the amount, purpose, tenor, source of repayment and proposed security (where applicable)
Board resolution to borrow (For limited, partnership companies)
Trading license
Any other information as may be requested by the Bank, depending on the nature of the request. Our Relationship Management team will guide you on the process