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  • Email at izb@izb.co.zm
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Working capital finance

A facility by way of revolving line of credit

Purpose

  • To meet working capital requirement of any profitable legal business.

Quantum of Finance

  • Need based subject to cash flow requirement.

Repayment Period

  • Interest to be serviced every month. Review of limit every 12 months based on performance

Rate of Interest

  • BOZ policy rate plus margin

Security

  • Mortgage of property/ Debenture of immoveable and moveable assets/Liquid security etc.

Processing Fee

  • 2.5% upfront

Please contact your nearest branch for further details

A facility payable upto 24 months

Purpose

  • To augment working capital requirement of one off nature

Quantum of Finance

  • Need based, subject to cost of the specific requirement/Repaying capacity

Margin /Promoter’s contribution

  • Minimum 20%

Repayment Period

  • Maximum 24 months

Rate of Interest

  • BOZ policy rate plus margin

Security

  • Mortgage of property/ Debenture of immoveable and moveable assets/Liquid security etc.

Processing Fee

  • 2.5% upfront

Please contact your nearest branch for further details

A facility to ease your cash flow cycle by discounting the invoices drawn on agreed companies

Purpose

  • To meet working capital requirement.

Quantum of Finance

  • Need based subject to cash flow requirement.

Repayment Period

  • Based on due dates of each invoice , maximum within 90 days , Review of limit every 12 months based on performance

Rate of Interest

  • BOZ policy rate plus margin

Security

  • Mortgage of property/ Debenture of immoveable and moveable assets/Liquid security etc. Charge on receivables

Processing Fee

  • 2.5% upfront

Please contact your nearest branch for further details