Credit Offering

AccessBank provides the following loan products to business owners:

- Micro Loans from TZS 100,000 to TZS 25,000,000 (higher amounts may be awarded to repeat clients with very good repayment history);

- SME Loans from TZS 25,000,001 onwards. There is no defined upper limit for loan amounts as the size and term of financing depends mainly on the strength and debt capacity of your business

Our loan products are designed to enable small business owners to expand their successful enterprises so as to improve their income and competitiveness. We have recognised that entepreneurs (whether big or small) are notoriously time-constrained and every hour "lost" either waiting in a bank or preparing loan application documentation is very costly. Under this premise our lending methodology aims to ensure a maximum of speed and ease of access. Most steps of the application process can be done at your business place (and most information will be gathered directly by our staff) so that the time absorbed from the client is reduced to a minimum.

Our other main competitive advantages are:

- Flexible collateral arrangements depending on loan size (household goods, business equipment, goods in stock, vehicles, real estate property etc.)

- Lesser documentation requirements than most other banks in the marketplace. No audited financial statements required.

- No prior bank relationship with ABT required. You do not need to operate an account with us for any time period before applying. However it is advantageous if you can demonstrate any previous borrowing or banking experience.

- No hidden costs such as additional fees and commissions: You only pay the interest (starting from 2.0% per month on a declining balance). Do not let yourself be fooled by lower nominal rates elsewhere as other fees, charges or deductions may be applicable. Our loan officers will be glad to assist you in a true comparison.

- Long-standing clients with impeccable repayment record qualify for successive interest rate discounts and even faster loan processing.

- No borrower groups - you are responsible only for your own loan.

Kindly note that all applications undergo an on-site assessment by one of our lending staff prior to a committee decision.

If you are interested in a business loan, you can do either of the following:

Visit or call one of our branches to speak directly to one of our loan officers for a detailoed consultation;

Fill the Online Enquiry Form so that you can get contacted by our staff directly.