Medium to long term loan used for personal use.
Medium to long term loan used for personal use.
Understanding all details around this product will help you decide if this is the right product for you.
Prime linked and risk based.
Designed to finance fixed assets, capital expenditure and set-up / establishment of venture costs.
N/A
Repayment ability based on past profitability and/or cash- flow projections. Subject to first class collateral (tangible, easy realizable security) on which the bank is able to fall back on as an alternative source of repayment. Positive Free Cashflow and Debt Service Cover Ratios are key for consideration.
Depend on affordability, serviceability and on the credit decision taken
Depend on affordability, serviceability and on the credit decision taken
24 - 96 months
As part of the country’s fight against money laundering and financing of terrorism, we are required by law to keep updated personal records of our existing clients. Visit the nearest Lesotho PostBank branch with your valid identity document, proof of residence, and proof of income if have not updated your documents in the last 24 months.
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