Instalment loan

Loan purpose

An instalment loan is eligible for enterprises, which want to invest on their extension, increasing their assets or simply to provide additional working capital requirements for current facilities. The absorption of loan is one-time and the repayment is according to a plan, which is prepared by one of our client advisors. The joint preparation of the amortization table allow you to determinate the moment of receiving the funds and the amount of the instalment that suits in the best way for your business needs and your possibility of repayment. 

 

For Working Capital:
  • Introduce new products
  • Finance working capital gaps due to delayed receivables
  • Finance payments to suppliers and subcontractors

For Investments:

  • Acquire or replace machinery, equipment and transportation vehicles
  • Acquire or build administrative, production and commercial buildings
  • Renovate administrative, production or commercial buildings

Repayment

  • Based on a loan amortisation schedule of monthly instalments, including interest and principal
  • Seasonal businesses (such as agriculture or tourism) can opt for an individual loan amortisation schedule
 

How to apply

Complete the following steps to apply:

  1. Contact our call centre at 0700 1 70 70 or complete our contact form and we will call you back
  2. Discuss the financing you would like to receive with our client advisers
  3. Submit a  Loan application form and provide the required documents.
  4. Tell us about your business
  5. We will respond within the time period indicated

 

 Application documents:

  • Completed  Loan application form
  • Copy of the business owner’s personal identification card
  • Copy of the company’s tax declaration, balance sheet and income statement
  • Documentation regarding the collateral presented