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

  1. Loan application directs to the branch managers
  2. 3x4 a color photograph
  3. Copy of electoral card (husband or wife/business partner)
  4. Valid economic activity authorization letter
  5. Statute, valid business certificate and company structure
  6. Detailed cost for investment / the objects that invest in for the designs investment
  7. Detail of the investment equipment you have invested in (Applies to moveable investment)
  8. Map of the Company's Location
  9. Feasibility study (Applies for investments > U$ 1,000,000.00)
  10. Financial Report (Balance Sheet + Profit / 3 years ago), Applicable
  11. Income projection for one year
  12. Provide additional guarantee
  13. Contract or quotation of the equipment you buy (Applies to moveable investment)
  14. Self-financing of applicant (submit invoice or proof of investment)

 

Terms & Conditions

  1. Montante kreditu 70% husi valor investimentu
  2. Durasaun tempu masimu tinan 15
  3. Juru masimu 7.50% kada tinan
  4. Total garantia masimu 100%

 

 

SMALL OR MICRO-INVESTMENT

Requirements

  1. A color copy of the photograph measuring 3x4
  2. An Electoral Copy for the applicant/group and spouse (for married person)
  3. A copy of the individual or group bank account and IBAN number
  4. Business license/suco declaration letter for business activities
  5. Group member approval letter (valid to the group)
  6. List and quotation for the investment you acquire or purchase
  7. Financial report (farmer activity is based on farmer credit report/business report)
  8. 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

  1. The loan amount is $25,000.00 of investments
  2. Loan term maximum 5 year
  3. Interest Rate maximum 6% per annum