BancABC Tanzania provides term loan to its Corporate clients for various projects, with the loan period ranging from 1 year to 5 years.
The loans will be priced at BancABC Tanzania base lending rate plus a margin taking into account various factors. The duration of these loans is negotiable and subject to market conditions. Our short-term loans are normally used to finance working capital requirements. The repayment terms can be up to one year. Long term capital projects and expenditure require long-term loans. The loan period varies from 2 to 5 years. The type of investment and the required loan amount usually influences the period.
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