Credit Services
We offer flexible capital solutions to support your business at every stage. Our team will work with you to find the right credit option—complete with terms and payment structures designed to fit your company’s needs.
Commercial Mortgages
We provide customised commercial real estate financing for acquisition, expansion and/or construction.
The interest rates on Our Commercial Mortgages are negotiable with other features such as:
- Term up to 15 years
- Can be fully amortizing with no calls or balloons
- Loan to Value Up to 70%
For more information
Contact our Commercial Lending Officer at (246) 431 4500 and discuss your requirements today.
Commercial Property Loans
We provide term loan financing to support all of your permanent financing needs, including long term working capital, equipment financing and owner-occupied property loans. Expand your business, consolidate debt, or purchase a new commercial vehicle or equipment with our Term Loans.
Our term loans are designed as a one-time disbursement of funds to cover long-term financing or can allow businesses to make interest-only payments for an agreed period before payments are amortized over the rest of the life of the loan. Turn your business goals into reality without depleting your savings.
Main Features
- Flexible terms available with competitive interest rates up to fifteen years
- Fixed monthly payments help you manage your budget
- Fast approvals allow for quicker availability of proceeds
- Worry-free banking with automatic payment deduction
- Cover long-term expenditures without depleting your savings or the availability on your overdraft
Requirements:
- Last two to three years financial statements for the business
- Last six to twelve months bank statements
- Most recent Management accounts
Overdraft
For most businesses there is a delay between delivering to the customer and receiving payment.
Our working capital solutions are there to help you while you’re waiting for cash to come in. They can also boost your efficiency by, for example, giving you the means to negotiate better discounts with your own suppliers.
Main Features
- There are no pre-set minimum or maximum levels for borrowing on an overdraft.
- Renewable annually
- Variable interest rate linked to our base rate
- Interest calculated daily and charged to account monthly
- No interest charge on unused overdrafts
Requirements:
- Last two to three years financial statements for the business
- Last six to twelve months bank statements
- Most recent Management accounts
VISA® Business Credit Card
This card is issued to corporate clients. Designated employees of corporate clients use this card for reimbursable business expenses.
If the card is lost or stolen, the account can be blocked with a call to 1(246)431-4577 to immediately prevent unauthorised use.
For more information
Contact the Card Services Department at (246) 431 4577.
Main Features
Corporate clients can establish individual spending limits for each employee. Card limit is based on the financial information supplied on the application form.
- For use by employees of corporate clients
- Individual employee spending limits
- Secure online shopping with Verified by Visa®
Requirements:
- Certificate of Incorporation
- Certificate of Registration
- Articles of Association
- By-laws of the company
- Three to six months bank statements
- Most recent audited statement
