Medium term loans (MTL)

We offer medium term loans to support your business in achieving its long-term financial goals. Monthly instalments are matched to your business cash flow and the term loan is structured for a period of up to seven years for normal business requirements and up to fifteen years for farm purchases

What does it offer me?

  • Access to long term financial assistance for new and existing customers
  • A term loan may be used to buy or upgrade fixed property, finance fixed assets, capital expenditure, for the setup or establishment of venture costs or for a farm purchase
  • Competitive interest rates are offered for term loans and may be variable or fixed for the term of your loan linked to Prime interest rate
  • Your ability to repay is based on past profitability or cash flow projections
  • Term periods range from 12 to 180 months
  • Access to Business Insurance through Standard Insurance Brokers

*Terms and conditions apply 

Qualifying criteria

  • From start-up or establishment of business or existing businesses
  • Available tangible security
  • Business Current account
  • Clean credit record
  • Minimum loan amount N$ 100 000

What do I need to apply?

  • Financial information (Annual financial statements, Cash flow forecast, Management accounts, Personal balance sheet)
  • Full Collateral/Security available
  • All legal documentation pertaining to individual/business entity
  • Board Resolution (if a Limited Liability Company) approving the request
  • 6 months Bank Statement (if banking with another financial institution)
  • Business plan (existing and newly established businesses)
  • The customer must be a registered business or limited liability company operating
  • Satisfactory Credit Bureau results
  • Suretyship of guarantors


Insurance coverage that protects businesses from losses due to events that may occur during the normal course of business. There are many types of insurance for businesses including coverage for property damage, legal liability and employee-related risks. Contact our Standard Insurance Brokers on +264 61 2147 for more information. *Terms and conditions apply 

Rates and fees

Preferential interest rates and fees to apply. 

Contact us

Customer care centre on 081 9286 or +264 (0)61 294 2136 or your Relationship Manager