Commercial Property Loans
Financing for income-producing real estate that is used for business purposes; for example, offices, retail, hotels, and apartments. Specifically credit that is created to finance or refinance commercial property. Includes long term financing for purchase of commercial, factory, office premises, residential properties classified as commercial and buildings used for business purposes.
What you get..
Building or construction of commercial or industrial buildings.
It also caters for further advances to existing borrowers for extensions and improvements to their commercial or industrial properties
The amount of the loan depends on your business’ confirmed projected cash flow.
Fluctuating interest rate which is linked to our Steward's base rate.
Affordable insurance from our trusted partners
24/7 business hour support through our enterprise centre
What we finance..
Shops and offices
Warehouses, showrooms, factories or similar industrial premises
Sectional title complexes (zoned for business purposes) including individual units in these complexes
Existing residential properties which are primarily used for business purposes and which have business rights consent use.
The properties to be mortgaged must be in Uganda and must be in prime areas.
How to acquire loan.
Contact the Enterprise Direct Centre
Email Us: clientsupport@stewardscredit.com
Call Us: +256 776 045821 | +256 740 824332
What you will need..
Business Legal documents
Business' financial statements, including and income statement, balance sheet and cash flow
A 12-month cash flow forecast
Management Accounts or Audited Financials for 2 years
Cash flow statement projections
Valuation report if security pledged is land/Buildings
Bank Statement from the client has been banking for 1 year
National ID/ Driver's License/ Passport
Performa Invoices for the machinery
Purpose of funds/ loan
Collateral Security (Car/ Land)
Processing period of 1-3 working days