Term Loans

Purpose

These are medium to long term facilities used to finance the construction (civil works) and the purchase and installation of plant and machinery. Examples include purchase of plant and equipment for processing, agricultural mechanization, irrigation systems, construction of warehouses and purchase of trucks, among other purposes of a long-term nature.

Key feature

Loans for capital investments, with primary recourse made to the cash flows of the project.

Duration

Tenure from 4 to 15 years inclusive of 3 years of grace period.