Our loans give you an opportunity to meet personal needs, start a business, invest in assets, pay tuition or achieve any other endeavor.
MCBL is known for its strong participation in the tendering processes of different organizations. We provide you with unsecured bid securities up to UGX 200,000,000 (Uganda Shillings Two Hundred Million) in not more than 24 hours. The product is also supported by negotiated collaterals and fine pricing on Performance Bonds and Advance Payments Guarantees once the customer is successful with a bid. These products are aimed at hastening the process of job execution, and also create new inroads for contractors and sub-contractors to grow within the value chain.
...To maintain relevance to our customers, the Bank offers very competitively priced contract finance and invoice discounting facilities to contractors and suppliers that are looking to leave a remarkable experience with their Principals. Your contract or invoice is your collateral, and will be the source of your working capital. Within a turnaround time of 48 hours, you will receive a notification of your application.
...Use your equipment to generate cash flows while you benefit from long credit periods. Assets that improve your balance sheet and position you for growth. We do recognize them and partner with you for an outright acquisition or acquisition through a finance lease. Talk to any of our staff today on how you can acquire a finance lease or asset finance and benefit from your improved balance sheet position. MCBL finances assets across different sectors including Agriculture, Infrastructure, Medical, Schools Buses, Etc.
...We appreciate that some needs will be urgent and/or time bound, rather than settling for expensive working capital facilities, the Bank will address your requests and finance them within a record time of 24 hours. This product is aimed at improving your margins and targeting the completion of contracts by providing affordable finance to support bill clearing, logistics, consignment handling at the border post, salaries, etc.
...We enable partnerships increase their capital stake and provide sole proprietor businesses with a wide range of funding options to succeed.
...Designed for groups and NGOs seeking to achieve a large scale objective.
We firmly believe that education is a core need for humanity. With the aim of driving education success, we provide loans to institutions to facilitate any education related businesses.
...Do you have a start-up idea or business that needs financing? Our limited liability loans are fast and flexible guaranteeing a steady growth of your business.
...You have dreams and ambitions that you want to fulfill. It might be finishing school, buying a house, investing in a business or even going for a vacation. Whatever need you have, we are committed to helping you achieve it with our secure, convenient and fast loans.
...At Mercantile Credit Bank we understand that banking can be stressful. You are not alone. Our team of experts is always on stand by to answer your questions.