Our Loans BFS Loan Product

Import Duty Financing

Financing for import duty, clearing costs, and related charges so stock or equipment can move faster.

Who can apply?

Eligible applicants

Importers and traders

Loan AmountBased on duty value and assessment
Loan PurposeImport duty, clearing, and related charges
Loan Term1 to 12 months
RepaymentFlexible, based on sales cycle
Features

Financing for import duty, clearing costs, and related charges so stock or equipment can move faster.

  • Import duty, clearing, and related charges
  • Term: 1 to 12 months
  • Repayment: Flexible, based on sales cycle
  • Reviewed during assessment
Benefits
  • Reviewed by a dedicated BFS branch and risk team, not an automated decision
  • Clear repayment schedule agreed before disbursement
  • Ongoing support from your account officer through repayment
  • Transparent terms with no hidden charges
Requirements

Eligibility

  • Importers and traders
  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type

Collateral

  • Reviewed during assessment

Documents

  • Fully completed loan application form
  • Local government identification
  • One passport photo of the applicant
  • Valid National ID or other acceptable identification
  • Bank statements relevant to the loan type
  • Photos or documents of collateral where required
FAQs

Questions about Import Duty Financing

Who can apply for the Import Duty Financing?

Importers and traders.

How much can I borrow?

Based on duty value and assessment.

How long do I have to repay?

1 to 12 months, repaid flexible, based on sales cycle.

Ready to apply?

Start your Import Duty Financing application now.

Fill in a short online form with your details and the amount you need. The BFS team will contact you to confirm documents, assess repayment capacity, and guide you through the next steps.

Start Application