A Business Loan is a sum of money you borrow specifically for business purposes as an adequate amount of capital to fund startup expenses or pay for expansions and that you pay back with interest in fixed regular payments.
Any qualifying CoopCongo member may have access to a Business Loan; the possible loan amount, interest rate, duration, and other recommended conditions are in the Loan Policy as well as in any relevant regulation and in line with rules emanating from the South African Reserve Bank.
(Please, Loan Accounts are not yet available).
If you require more information regarding the Personal or Business Loan, please call +27 81 503 6022 or send an email to firstname.lastname@example.org
NOTE : Please, be aware that CoopCongo’s banking transactions will only begin once its Cooperative Banking license is approved by the South African Reserve Bank or its relevant agencies. Until then, CoopCongo can only run operations helping to build its capital.