How to apply for a TAJ Bank business loan with SukFin
Loan applications can be made at a TAJBank branch. There, you would meet with a loan adviser or consultant — to discuss your requirements and subsequently fill in an application form. On this form — you will give details of your company, its trading history and the loan purpose.
As part of any application, you may be asked to provide relevant supporting documentation. This documentation, the application form and any other information in the public domain — are what TAJ will use in deciding whether to fund your business or not. Lending decisions, will be taken in line with TAJBank lending guidelines.
A successful application, will result in an offer letter being issued — outlining the steps you are required to take before loan disbursement.
A checklist of important documentation, often asked for includes:
- Completed application form
- Company profile
- Business plan
- Cash flow budget
- Bank statements (12 months)
- Audited financial accounts
- Certificate of Incorporation
- Valid means of identification (driving license, passport, voters card)
- Proof of address
- Details of collateral offered (if any)
Note. The credit facility in question, determines the actual documents you will need to provide.
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