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Long-term Needs

As your business evolves over the long term, you will need to make significant investments in your business, restructure financing arrangements or change the ownership structure of your business.

Businesses usually use long term financing solutions for heavy capital investments or expenditure.

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You are on: Long-Term Loans tab

A long term loan is a type of loan, with a maturity date of greater than 12 months, which is granted to finance either capital expenditure, such as the purchase of fixed assets – e.g. machinery or equipment. The funds may be accessed in either a single or in multiple draw-downs as best suits the situation.

This loan is not of a revolving nature and therefore must be repaid in accordance with the clearly defined repayment schedule. The term of the loan may not exceed the useful life of the asset.

Our long term loans are available in domestic currency, or USD, subject to the verification of business’ earnings in USD.

Suitable for:

Financing the purchase of expensive property, plant, machinery and equipment purchases, undertaking improvements to premises, or for project-financing.

Let’s take a look at how having a long term loan can help you:

Feature Benefit
Matching the repayment period of the loan with the useful life of the asset

  • This allows the maximum timeframe for the asset to payback for itself
  • The loan is repaid by the time the asset needs to be replaced
Long term in nature

  • By extending the loan over a longer term, the repayment arrangement becomes more affordable
Interest rate options

  • Interest rates may be fixed or variable, allowing you to manage your interest rate risk
Flexible payment options

  • For variable interest rate long term loans you can make additional payments based on your cash flow and reduce your interest cost on the loan
Available in multiple currencies

  • Financing under this loan type is available in both the domestic currency as well as USD.

NB: USD financing option is available subject to evidence of earnings in USD and availability of funding in the currency

How to apply for a long term loan:

If you are interested in getting a long term loan, call us to make an appointment or come in to talk with our Relationship Managers, with the following documents:

  • Monthly cash flow projections for the next three (3) years
  • If your business is already operating
    • Financial statements for the last three (3) years
  • If you are about to set up your business
    • Your Business Plan, detailing the type of business, competitive analysis, marketing plan
    • Projected Financial statements for the next three (3) years

You are on: Revolving Long Term Loan tab

A revolving long term loan is a type of loan which allows the business to finance specific recurrent long term requirements of the business, usually to finance fixed assets. As a revolving loan, the amount can be drawn down, repaid when payment is received, and redrawn again in keeping with the terms of the arrangement between you and the bank. The term of the loan may not exceed the useful life of the asset and the funds may be accessed in either a single or in multiple draw-downs.

Long term loans are available in domestic currency, or USD, subject to the verification of business’ earnings in USD.

Suitable for:

Financing the purchase of expensive plant, machinery and equipment that have to be replaced periodically, or the cost of renewal of licences or franchises

Let’s take a look at how having a revolving long term loan can help you:

Feature Benefit
Pre-arranged limit
  • Once set, you have access to funding up to this limit and will be able to finance your purchase without any hassle
Matching the repayment period of the loan with the useful life of the asset
  • This allows the maximum timeframe for the asset to payback for itself
  • The loan is repaid by the time the asset needs to be replaced
Long term in nature
  • By extending the loan over a longer term, the repayment arrangement becomes more affordable
Revolving nature of the loan
  • By having a revolving loan, your business is basically pre-qualified for the financing, and can draw down the funds, repay and draw again without any hassle
Interest rate options
  • Interest rates may be fixed or variable, allowing you to manage your interest rate risk
Flexible payment options
  • For variable interest rate long term loans, you can make additional payments based on your cash flow and reduce your interest cost on the loan
Available in multiple currencies
  • Financing under this loan type is available in both the domestic currency as well as USD.

NB: USD financing option is available subject to evidence of earnings in USD and availability of funding in the currency

How to apply for a revolving long term loan:

If you are interested in getting a revolving long term loan, call us to make an appointment or come in to talk with our Relationship Managers, with the following documents:

  • Monthly cash flow projections for the next three (3) years
  • If your business is already operating
    • Financial statements for the last three (3) years
  • If you are about to set up your business
    • Your Business Plan, detailing the type of business, competitive analysis, marketing plan
    • Projected Financial statements for the next three (3) years

You are on: Commercial Mortgages tab

Commercial Mortgage is a lending product that provides a long-term financing solution for businesses to purchase commercial properties - industrial, office, retail and multi-residential (5+ units) or utilize the equity in owned commercial property.

This advance is not of a revolving nature and may be accessed in either single or multiple draw downs, depending on the nature of the client's funding requirements. Commercial Mortgages are available in domestic currency, or USD, subject to the verification of business’ earnings in USD.

Suitable for:

Financing the purchase of land and buildings, construction of new premises, expansion or renovation of existing premises, or the replenishment of working capital depleted by real estate costs

Let’s take a look at how having a commercial mortgage can help you:

Feature Benefit
Long term in nature
  • By extending the loan over a longer term, the repayment arrangement becomes more affordable and there is less pressure on your cash flow
Interest rate options
  • Interest rates may be fixed or variable, allowing you to manage your interest rate risk
Flexible payment options
  • For variable interest rate long term loans you can make additional payments based on your cash flow and reduce your interest cost on the loan
Available in multiple currencies
  • Financing under this loan is available in both domestic currency as well as USD.

NB: USD financing option is available subject to evidence of earnings in USD and availability of funding in the currency

Commercial mortgage is secured by the property
  • Because these loans are secured by marketable, tangible collateral, the interest rate is lower that other forms of borrowing

How to apply for a commercial mortgage:

If you are interested in getting a commercial mortgage, call us to make an appointment or come in to talk with our Relationship Managers, with the following documents:

  • Monthly cash flow projections for the next three (3) years
  • If your business is already operating
    • Financial statements for the last three (3) years
  • If you are about to set up your business
    • Your Business Plan, detailing the type of business, competitive analysis, marketing plan
    • Projected Financial statements for the next three (3) years