Cash Backed Facility
Managed By: Meristem Finance Limited
Access immediate liquidity by leveraging your existing cash savings or fixed deposits with Meristem’s Cash Backed Facility. You deposit a specified amount into a pledged account, and we lend you up to 90% of that value for any purpose—business expansion, personal investment, or emergency needs. Because the loan is fully collateralized by your own cash, interest rates are significantly lower than unsecured personal loans. You continue to earn interest on your pledged deposit while using the loan proceeds, effectively leveraging your money. Repayment terms are flexible, and you can increase or decrease the facility as your needs change. Once the loan is repaid, your deposit is fully released with all accrued interest intact.
- Reduce delays and frustrations to clients’ business arising from the urgent nature of such requests.
- Meet clients’ needs for short-term funding.
- Access to funds in clearing in a structured manner.