Asset Financing Loan
Our Asset Financing Loans are designed to help businesses acquire essential equipment, vehicles, and machinery, enabling growth, operational efficiency, and long-term success without upfront capital strain.
Loan Overview
What You Get
What It Costs
What You Need
How To Get It
What You Get
- Best Interest rates in the market.
- Unsecured loan amounts up to Ugx 20 million
- Flexible repayment period up to 36 months.
- Insurance cover (no liability in case death, permanent disability and retrenchment).
What It Costs
- Regulatory fees:
- Stamp duty of Ugx15,000 for loan amounts greater than Ugx3Million.
- Loan application fees:
- 2% of loan amount.
- Other fees:
- loan commitment Fee 2%
- Loan Monitoring Fee 1%
- Insurance.
- Insurance 1% for loan within one year
- Insurance 2% for a loan beyond one year
What You Need
- You must have an account with Swabo Microfinance
- For non-Ugandans; you must be living in Uganda with valid residency permit and or work permit.
- Must be 18 years or older (but not older than 65 years on expiration of the facility).
- A clear business or identifiable source of income.
- At-least two guarantors.
- National ID
How To Get It
Click Here to Apply Or Visit any nearest branch to apply.