| What duration can the loan be
for? |
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Each loan can only be for a maximum of up to 10 years.
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Customers are always encouraged to accept a 10 year term at the outset, even if
the intention is to repay earlier.
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there is no early repayment penalty fee -you can either repay in full or pay
more than the required amount each month, thereby reducing your total cost of
funds.
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it allows for greater management of your cash flow throughout the period of the
loan.
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| Why can’t I borrow for
longer? |
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UniChem believe that a successful pharmacy business should be able to repay its
initial start up costs within a 10 year period.
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| How long will it take to
actually receive the money? |
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We aim to process your application within 3-5 business days from receipt of the
application.
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Funds are made available on 23rd monthly.
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If buying a pharmacy, most acquisitions will take a minimum of 2 to 3 months to
organise – and often a lot longer!
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