SME CREDIT – LTN Cameroon

SME CREDIT

SME CREDIT

Targets	Small and Medium Enterprises (SMEs) Small and Medium Industries (SMIs) Agricultural enterprises
Objects of financing	Financing Working Capital Requirement (WCR): Increase or diversification of merchandise stock, purchase of small production equipment Investment: Purchase of production or distribution equipment, financing extension work, launching a new activity, Customs clearance of containers Financing Purchase Orders / Advances on Invoices Flash Credit
Credit Modalities	Processing time of the file: 2 weeks Maxi Amounts granted: up to 50,000,000 Fcfa; Refund: spread over 03 to 24 monthly payments; Interest rate: 2,5% TTC / month (declining); Administration fees: From 2.5% of the amount granted, Death / disability insurance fee: 0.5% of the amount granted; No security deposit.

Information

Category: Credit

Date:

3 July 2020

Tags: Financing