Business Loans
The purpose of the loan is to provide funds for expanding or increasing working capital.
Maintain account with MHB
Insurance wherever applicable
Low and competitive rates
Loan application letter stating loan amount
Board resolution
IDs of all Directors
TIN number of the company
Business license and certificate of registration
Certificate of incorporation
Tax clearance certificates
BRELA return
Three years audited financial statements
Cash flow covering the whole loan period
Collateral preparation (valuation report or chattel mortgage)
Any other documents requested by the Bank
Minimum loan amount: TZS 500,000/=
Maximum loan amount: Up to single borrower limit as per Bank Capital
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