Thank you for showing an interest in our loan products.

To enable consideration of your request

for funding the following information is required:

1. Application Letter
Must clearly state the facility amount required e.g. Loan/Overdraft for ZWL500,000.
Specify tenor/period of the facility.
Purpose of the facility i.e. working capital requirements, order finance etc. Any capital
expenditure should be supported with quotations/invoices.
Provide source of repayment. 

2. Company Profile
Company`s statutory documents i.e.
a. Certificate of Incorporation
b. CR2 (Shareholding Structure and percentage shareholding)
c. CR6
d. CR14
e. Memorandum & Articles of association
f. Valid Tax Clearance certificate.
g. Valid trade & compliance licences as well as certificates [e.g. from governing
municipalities, Environmental Management Agency (EMA) etc.]
Detailed company profile showing related firms if any – provide family tree
Lines of business and comment on your market share, major clients
Suppliers.
Competitor analysis.
Directorship & Senior Management Profiles; including ages, academic & professional
qualifications, occupation and work experience/history. Provide CVs for key management
personnel.
Proof of insurance cover for the business including the ceded asset as collateral as well as
general cover. CBZ Bank will arrange for an insurance cover.

3. Financials
Latest management accounts observing accounting standards to include variance analysis and
commentary duly signed off by the directors.
Financial statements for the past three years duly signed off by the directors (audited
preferred if available).
Cash-flow Projection covering the tenor of the facility accompanied by underlying
assumptions/commentary.

1
 Aged Creditors & Debtors Analysis, if any.
Confirmed orders and pro –forma Invoices (for intended expenses).
Personal Financial statements of Directors, if acting as guarantors.

4. Security
Proposed security (preferably title deeds)
Latest valuation report of the proposed security – to be done by professional valuers.
Independent valuers only from the CBZH Group’s recommended panel of independent
valuation firms and the cost of such independent valuation shall be borne by the client. The
following firms are recommended for the purposes of this provision:

a) Dawn Property Consultancy

b) John Pocock and Company (Pvt) Ltd
c) Mabikacheche and Associates
d) Knight Frank Zimbabwe
e) Homelux Real Estate Agents
f) Pearl Properties T/A Oyster Real Estate

5. Banking Details
Current banking arrangements with other banks, including existing Credit Facilities (state
facility limit, current utilisation level & type of security ceded & related values), (Bank,
Branch, Account Number, Branch/Relationship Manager, time with the Bank). Provide
statements for the past six months.

Indicative terms and pricing are as follows:

Maximum Tenor                      360 days (working capital), Lease Finance/CAPEX, 3years
Interest Rate                             MLR (currently 40 % p.a + margin (depending on risk profile
upon assessment
Facility Fee                              5% flat (recovered upfront on approval of facility).