Commercial Loans

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Rate of Interest

About Commercial Loans

New Application

Features

This is what makes our products unique:

Flexible Collateral

We offer the flexibility to accept multiple collateral types in order to secure your loan.

Quick Application

Apply anytime via our self-service portal. Streamlined process to get you funds quickly.

Flexible Terms

Tailored terms to your specific needs. Need a grace period? Just let us know.

100% Funding

We fund contracts with our own funds, ensuring you get your cash quickly.

Documentation

The following documents are required along with your Commercial Loans application:

  • Appraisal, copy of title/lease certificate and letter of offer (from seller)
  • Audited financials for the last 3 years
  • Board of Directors Resolution authorizing the loan and any related approvals such as those authorizing collateral
  • Copies of relevant contracts
  • A set or approved construction drawings
  • Construction - building plan, bill of quantities, permit and other pertinent documents
  • Copy of current loan agreement and account history (if refinancing)
  • Articles of Association
  • Details of the Shareholding structure
  • Detailed project description with purpose, location, scope, and duration.
  • Bank references from 2 financial institutions
  • Certificate of Incorporation
  • Copy of land certificate(s) and/or other ownership documents
  • Formal letter applying for credit and completed loan application
  • Copy of insurance policy
  • Copies of relevant permits
  • Land ownership document (title, lease certificate, etc.)
  • Background, character reference and experience of the principals, directors, and key personnel
  • Documents of Collateral to be used - land, building, and equipment
  • Valuation report - land, buildings, & equipment at applicant's cost
  • Organizational Chart
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