Summary
“This loan is offered to the business entity specifically to finance business investment in infrastructure, industry, manufacturing and other investment”
CORPORATE & MEDIUM INVESTMENT
Requirements
- Loan application directs to the branch managers
- 3x4 a color photograph
- Copy of electoral card (husband or wife/business partner)
- Valid economic activity authorization letter
- Statute, valid business certificate and company structure
- Detailed cost for investment / the objects that invest in for the designs investment
- Detail of the investment equipment you have invested in (Applies to moveable investment)
- Map of the Company's Location
- Feasibility study (Applies for investments > U$ 1,000,000.00)
- Financial Report (Balance Sheet + Profit / 3 years ago), Applicable
- Income projection for one year
- Provide additional guarantee
- Contract or quotation of the equipment you buy (Applies to moveable investment)
- Self-financing of applicant (submit invoice or proof of investment)
Terms & Conditions
- Montante kreditu 70% husi valor investimentu
- Durasaun tempu masimu tinan 15
- Juru masimu 7.50% kada tinan
- Total garantia masimu 100%
SMALL OR MICRO-INVESTMENT
Requirements
- A color copy of the photograph measuring 3x4
- An Electoral Copy for the applicant/group and spouse (for married person)
- A copy of the individual or group bank account and IBAN number
- Business license/suco declaration letter for business activities
- Group member approval letter (valid to the group)
- List and quotation for the investment you acquire or purchase
- Financial report (farmer activity is based on farmer credit report/business report)
- Present a guarantee for the credit:
a. The. Permanent Government Employee (salary transferred via BNCTL bank account)
b. Land or house heritage documents with location map (required)
ç. Property documents of vehicles/heavy equipment.
d. Personal guarantee.
Terms & Conditions
- The loan amount is $25,000.00 of investments
- Loan term maximum 5 year
- Interest Rate maximum 6% per annum