Working Capital and Fixed Assets Loan

Empower Your Business Growth.

Tailored Loans for Business Growth

At Eastern Credit Union, we are passionate about supporting the growth and sustainability of your business. Our Working Capital and Fixed Assets Loan is tailored to meet the diverse needs of both micro entrepreneurs and medium to large-scale business owners. Whether you need to finance inventory, acquire fixed assets, or boost your working capital, we provide flexible financing solutions. Our goal is to structure these loans to align perfectly with your business’s unique requirements and cash flow, ensuring your business thrives in today’s competitive market.

Working Capital Loan

Ideal for owners of medium to large-scale businesses needing financing for inventory, working capital, or fixed assets.


  • Interest Rate: Competitive rate of 1.25% per month on the daily outstanding balance.
  • Repayment Period: Up to 60 months for most loans; commercial property acquisition can extend to 15 years.


  • Financial Documentation: Audited Financial Statements for the past three years, cash flow projections for the next 12 months.
  • Legal Documentation: Certificate of Incorporation (for limited liability companies), Return of Directors.
  • Supporting Evidence: Invoices or documented evidence to substantiate the request.

Fixed Assets Loan

Supporting micro entrepreneurs in starting or operating their businesses.


  • Interest Rate: 1.25% on the reducing balance
  • Repayment Period: Maximum of 60 months, tailored to the business’s cash flow.


  • Business Plan: Complete and detailed proposal.
  • Purchase Documentation: Pro-forma invoices for stock or equipment.
  • References: Three letters outlining professional and personal details.
  • Business Records: Income and Expenditure records, audited Financial Statements for existing businesses.
  • Training Certificates: Relevant to the business type.
  • Identification: Valid National ID.
  • Passport, or Driver’s Permit.
  • Legal Status: Certificate of Registration for registered businesses.
  • Utility Bill: Recent bill for address verification.
  • Government Approvals: For the business venture as applicable.
  • Product Samples: If relevant to the business.
  • Employment Proof: Job letter and salary slip for applicants with full-time employment.
  • Rental Agreement: For tenants operating in a business location.

Ready to Propel Your Business?

Take the next step in your business journey with our Working Capital/Fixed Assets Loan. Apply now to access the financial support you need to scale your business to new heights. Fill out the form below, choose your preferred branch, and let us be a part of your business success story.

Explore Further: Uncover Additional Business Loan Options and Resources

Quick Loan Calculator

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