Equipment Loan
What is
Equipment Loan
The Greenlight Finance Equipment Loan is a long-term secured facility designed to help businesses acquire machinery, tools, and other essential equipment needed for growth and efficiency.
Benefits
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Access up to UGX 50,000,000 (USD 14,000)
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Long-term repayment period of up to 12 months
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Security required for loan approval
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Payable in manageable installments
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Supports business growth through asset acquisition
Requirements
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Borrower must be 18 years of age and above
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Must operate a legal and registered business
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Valid identification required (National ID, Passport, or Certificate of Incorporation for companies)
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Adequate collateral required (e.g. land titles, motor vehicle logbook, chattels, or purchased equipment)
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At least 2 reputable guarantors
