Mutual life Africa’s Business Finance facility is designed to help you secure a home loan of up to 75% of your life cover amount, whether you are a local resident, expat, or foreign national working and living anywhere in Africa.
Our Business Finance Facility offers policyholders access to business loans of up to 75% of their life cover amount, whether they are starting a new venture or expanding an existing business.
This facility is available to local entrepreneurs, expats, and foreign nationals working or running businesses anywhere in Africa.
Whether you need start-up capital, working capital, equipment financing, or business expansion funding, Mutual Life Africa has you covered.
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Key Features of the Business Finance Facility
- ✔️ Loan Amount: Up to 75% of your life cover amount.
- ✔️ Eligibility: Available to all Mutual Life Africa policyholders with a qualifying policy.
- ✔️ Open to Locals, Expats & Foreign Nationals: No residency restrictions.
- ✔️ Business Loans for Startups & Established Businesses.
- ✔️ Competitive Interest Rates.
- ✔️ Flexible Repayment Options.
- ✔️ Quick & Seamless Application Process.
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Types of Business Loans Available
- ✔️ Start-up Funding – Capital to launch a new business.
- ✔️ Venture Capital – Financing for high-growth and innovative businesses.
- ✔️ Working Capital Loans – Short-term funding for daily operations.
- ✔️ Asset & Equipment Financing – Funding to acquire machinery, vehicles, or business tools.
- ✔️ Business Expansion Loans – Capital to grow an existing business.
- ✔️ Trade Finance – Credit facilities to support import/export businesses.
- ✔️ Invoice & Purchase Order Financing – Unlock cash flow against invoices and orders.
How It Works
Step 1: Get a Mutual Life Africa Life Cover Policy
- To qualify, you must have a Mutual Life Africa All-Inclusive Plan, Life Cover or Universal One Plan with a good and consistent payment history (always on time premium payments).
Step 2: Maintain a Good Premium Payment Record
- Your policy premium payments must be made on time every month via debit order or credit/debit card to be eligible for business financing.
Step 3: Apply for Business Finance
- Once your policy meets the qualifying criteria, you can apply for a business loan. The maximum loan amount you can receive is 75% of your cover amount.
Step 4: Loan Approval & Business Growth
- Upon successful application and verification, funds will be disbursed to help you start, expand, or sustain your business operations.
Qualifying Criteria
To be eligible for Mutual Life Africa’s Business Finance Facility, you must meet the following criteria:
- ✅ Be a Mutual Life Africa Policyholder
You must have an active life cover policy, or the All-Inclusive Plan or Universal One Cover.
- ✅ Maintain a Good Premium Payment History
Your policy premiums must be paid on time without defaults.
Payments must be made via debit order or credit/debit card.
- ✅ Loan Amount Limit
The maximum loan amount is 75% of your life cover amount.
- ✅ Open to Local & Foreign Nationals
Available to locals, expats, and foreign nationals residing or running businesses in any African country.
- ✅ Business Viability & Financial Assessment
Additional financial checks may apply to determine affordability and loan approval.
Why Choose Mutual Life Africa for Your Business Finance?
⭐ Exclusive for Policyholders – No need to go through traditional banks. Your policy gives you direct access to business financing.
⭐ Hassle-Free Application – A smooth and straightforward process without unnecessary complications.
⭐ Open to All Nationalities – Whether you are a local entrepreneur, expat, or foreign national, you qualify.
⭐ Funding for Every Stage of Business – From start-ups to established businesses, we provide tailored financing solutions.
⭐ Fast Access to Capital – Get the funds you need quickly to start, grow, or scale your business.
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Get Started Today!
Take advantage of this exclusive business finance facility designed just for you.
If you are a Mutual Life Africa policyholder, you are already on your way to securing the business funding you need.