MayFord - Business Loan

Our Business loan is the obvious choice if you need to finance your Business Operations like buy consumer durable and reliable merchandise, Goods Import and clearing etc.

Ideal for any business that needs working capital to finance its business expansion

We provide funding in the form of medium - long term loans to finance your capital expenditures.


For Expansion of your business premises, the purchase of new or used assets etc, at MayFord we work with you to find the optimal financing solution.

Apply for loan

Business Loan Products

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Business Restocking

MayFord offers the Business loan for your restocking needs. Get an instant Business loan for all your kind of restocking requirements for your business.

Import and Clearing

Get the funds for the expenditure involved in Importation and Clearing. Grow your Business with us, we fulfill your Import and Clearing requirements.

Get financing for whatever you need now

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Features of Business Loan

MayFord Business loan has become a great option for the Business Community, Women Groups, Market Stall Owners etc, that are looking to improve their business operations.

Faster Loan

Get your loans processed in minutes.

Choose your amount

We let you choose the loan best suited for you. All charges are communicated up front in writing along with the loan quotation.

Enjoy the best rates

Our loan rates and charges are very attractive , no hidden fees.

Decide your tenure

We offer payment plans that meet your schedules.

Business Loan - Eligibility

Any Self-employed or, Professional Public and Private companies, Government sector employees including Public Sector is eligible for a Business loan.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Ugx 1,000,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

We accept early repayments. Fees and Waivers at point of repayment can be discussed with our loans department

At any point as you service your loan we allow for refinancing. This would be inform of recapitalisation funds to add onto the ealier loan taken

You are eligible to apply for the business loan once you meet the requirements below

  • Formal Application stating the amount, purpose, tenor, source of repayment and proposed security.
  • Audited accounts for at least three financial years, prepared by a Certified Public Accountant, with an unqualified opinion.
  • Management Accounts for the most recent concluded month.
  • Projected Cash flows for the period of financing.
  • Valuation report for the property/ assets to be pledged as collateral.
  • Business Plan/ Updated Company/ Business profile.
  • Any other information as may be requested by us, depending on the nature of the request.

CROWN HOUSE First Floor - Room 4, Plot4A, Kampala Road, P.O Box 508 Kampala, KAMPALA-CENTRAL DIVISION

Get a Quote

Now apply for a Business Loan online, All you need to do is provide your details below application form.

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