Long-Term Loan
Long-Term Loan
Suma Finance Ltd. offers strategic financing solutions for business expansion and capital investments. Our 7-12 month loans support sustainable growth with structured repayment plans tailored to your enterprise's cash flow.
Key Features
- Extended Terms: 7-12 month duration
- Competitive Rate: 48% APR (Declining Balance)
- Higher Limits: Up to RWF 20,000,000
- Asset Financing: Collateral-based solutions
Business Requirements
- Registered business license
- 2+ years operational history
- Audited financial statements
- Collateral valuation report
Fee Structure
| Processing Fee | 2% of loan amount |
| Legal Documentation | 1.5% of loan value |
| Late Payment Penalty | 3% per month overdue |
Security Requirements
- Commercial real estate
- Industrial equipment
- Business vehicle fleet
- Inventory valuation
Minimum collateral value: 150% of loan amount
Flexible Repayment
- Monthly installments
- Quarterly payment plans
- Customized cash flow alignment
- Online payment portal
Benefit: 2% interest discount for early settlement
