Short to medium term working capital needs at a determined and agreed repayment period.
ICB Revolving Credit is a working capital facility to address your financing needs over a short to medium term period.
Flexibility to draw on funds within approved limit
Rollover for period of 1,3,6 and 12 months upon maturity date
Lump sum payment upon each maturity
Available in TZS and USD currency
Margin of advance up to 70% of the collateral value
Amount paid is allowed to be reused within the agreed term and limit
Affordable and attractive interest rates
Suitable for working capital, capital injection and/or asset acquisition that cater for business needs or project/contract financing
Please refer to ICB Tariff Guide for fees and charges related to this product
Tanzanian citizens only, aged between 18 to 60 years old
Limited liability companies duly incorporated