Long-term Loan
Building a successful business requires strategic long-term planning.
Look no further if you are looking to acquire a new commercial property, expand your business or to fund the renovations and improvement of your existing shopfront.
Loan Size
- Up to 90% of MOA (Land and Building) OR
- Up to 70% of MOA (Vacant Land)
Loan Period
Up to 12 years
Conditions
- Asset must not be located in the rural area and must be deemed acceptable by the approving party
- Applicant must be employed or the legal business owner
- Asset value must be at least USD 10,000
- Provide all necessary original documents for verification and approval
For Employed Personnel
- Borrower’s National ID or Birth Certificate or Marriage Certificate or Family Book
- Proof of Employment – Employment contract or confirmation letter
- Past 3 months bank statements or pay slip
- Hardcopy or Softcopy of Property Title
- Property Valuation Report
For Business Owners
- Valid business registration
- Latest 12 months financial report
- Hardcopy or Softcopy of Property Title
- Property valuation report
LOAN REPAYMENT CALCULATOR
Find out how much you can loan and get an estimate of your monthly repayments based on loan amount, interest rates, repayment schedule.