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Products & Services - Micro & SMEs
Share Loan
 

This product is designed to enable our customers (corporate or individual) own shares in reputable companies qusted on the stock exchange.

 
 
  Features
  • N/A
  Benefits
  • N/A
  Check List
  • Application letter on company letterhead
  • Board resolution (for limited liability coy) also on company letterhead
  • Direct debit mandate on company letterhead
  • Repayment plan/schedule
  • Completed Consent to sell form
  • Completed Joint Memorandum document to use shares in CSCS depository as a collateral for loan facility
  • Completed Authority to verify signature form
  • Completed a share transfer form
  • Completed Share application form in the case of a public offer.
  • 6 months bank statement
  • Equity contribution -25%
  • Customer to open a current account to serve as the loan operative account
  • Post dated cheques (Previously non GMFB customers)
  Application form
 
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