• This loan product is created in response to the Co-operatives Act 14 of 2005
• Interest rates vary, depending on the period taken to repay the loan, for e.g. 120 months will be Prime Bank Rate (PBR) less 2.0% and 36 months will be PBR less 3.5%
• The Repayment period may not exceed 120 months.

• The purpose of this product is to assist ventures whose viability can be enhanced by increasing equity and lowering debt.
• Equity may also be used in cases where the venture can be viable regardless of size of the debt but lacks collateral to qualify for a loan
• FDC will acquire equity in private and public companies only

• This loan product is for entrepreneurs who graduate from the informal to the formal sector
• The minimum loan amount would be above R100 000 and may not exceed R1 Million
• Interest rates vary, depending on the period taken to repay the loan, eg. 120 months will be Prime Bank Loan (PBR) less 2.0% and 36 months will be PBR less 3.5%
• The entrepreneur’s own contribution is not compulsory, although a further 0.5% will be deducted from the interest if the applicant can provide at least 10% of the required capital at the time the account is opened

• Loans granted are a minimum of R5000 and may not exceed R100 000-00.
• Interest charged will be the Prime Bank Rate [PBR] less 3.5%
• The payment period may not exceed 36 months

• This loan product is appropriate for small businesses that need to graduate to medium sized enterprise
• The loan amount should be above R5m with maximum of R20 m.
• The repayment period may not exceed 60 months or 120 months in the case of properties
• Own contribution is not compulsory, though a further 0.5% will be deducted from interest if the applicant can provide at least 10% of the required capital.
• Interest rates vary, depending on the period taken to repay the loan e.g. 120 months will be Prime Bank Rate (PBR) less 1% and 36 months will be PBR less 2.5%

• This is a loan product for formal businesses that require capital from above R1m but not exceeding R5m.
• Interest rates vary depending on the period taken to repay the loan, for example 120 months will be Prime Bank Rate less 1.5% and 36 months will be PBR less 3.0%
• It is not compulsory for the applicant to provide a contribution however a further 0.5% will be deducted from the interest if the applicant can provide at least 10% of the required capital at the time tht the account is opened.
• Comprehensive insurance for assets should be taken and ceded to FDC

Click here for: Business Loan Forms