How long does it take to approve the 80% or 90% Guarantee Product under the SME Financing Guarantee Scheme?
The loan approval time depends on the documents and the complexity of the case.
Generally, the 90% Guarantee Product takes 1 month to complete the approval, while the 80% Guarantee Product takes 2 months to complete the approval. The approval of complex applications may take longer.
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Questions related to "ZME $18M Loan" Questions related to
How do I apply for a ZME $18M Loan?When is the application period for the 80% or 90% Guarantee Product of the SME Financing Guarantee Scheme?How is the annual guarantee fee of the 80% or 90% Guarantee Product of the SME Financing Guarantee Scheme charged?How do I check the repayment plan after disbursing funds under the 80% or 90% Guarantee Product of the SME Financing Guarantee Scheme?If I have used an 80% or 90% Guarantee Product under the SME Financing Guarantee Scheme from another bank, can I apply for an 80% or 90% Guarantee Product under the SME Financing Guarantee Scheme again at ZA Bank?
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