An overdraft loan is a lending arrangement on a current account that permit the customer to over withdraw on current account up to the specific limit with a specific expiry date

• Open account in UB
• Procurement contract, sub-contract or Purchase Order
• 20% of customer contribution
• Experience in business or in tender execution

• Project description (customer needs statement)
• Application letter
• Company Registration Certificate/ID copy of the applicant and his guarantor
• Legal status certificate - RRA Tax Clearance Certificate
• Valuation report of collateral (done by a valuer who has a partnership with UNGUKA Ban

Full secured loan by discounting the invoices that have extended maturity dates to enable our clients to overcome their cash flow shortage -. Maximum 80% of invoice value

• Open account in UB
• Procurement contract, sub-contract or Purchase Order
• 20% of customer contribution
• Experience in business or in tender execution

• The invoice has to be paid through your UB account
• Automatic deduction from your account once in voice payment is made
• Loan Payment period is equal to the invoice maturity
• Finance of up to 80% of invoice proceeds
• 5 days Maximum processing period