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Commercial Loan

We have Commercial Loans available to fund Capital Expenditures and Operations in your business.

Commercial Loans

A Commercial Loan is a type of short term or long-term loan that is used by companies to fulfill their financial requirements.

Fund Capital Expenditures

Up to ten years repayment options available

Interest rate: 9.00% – 14.00% computed on a reducing balance

The proceeds of a Commercial Loan are generally used to fund capital expenditures and operations.

Commercial loans are generally repaid within a short term. However, a maximum of ten years is available based on qualifying factors.

Interested in one of our Commercial Loans?

Submit an enquiry online and one of our representatives will arrange a call to discuss your needs.

Application Requirements for Companies

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Valid National Identification Card or Passport or Driver’s License of all Directors

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TIN Certificate of Company

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Certificate of Incorporation

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TIN Certificate

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Memorandum of Association or Articles of Association

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Annual Return (Previous two years)

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Audited Financial Statements (Previous three years)

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Business Plan / Application indicating purpose of financing

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Bank Statement from Current Bank (Minimum one year)

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Copy of Transport / Title of property offered as collateral

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Valuation of Property (To be done by an approved valuator of the Bank)

Application Requirements for Trading As

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Valid National Identification Card or Passport or Driver’s License of Owner(s)

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TIN Certificate of Owner(s)

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Business Registration

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Financial Statements (Previous three years)

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Business Plan / Application indicating purpose of financing

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Bank Statement from Current Bank (Minimum one year)

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Copy of Transport / Title of property offered as collateral

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Valuation of Property (To be done by an approved valuator of the Bank)

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