Requirments:

• Have operated the business for more than 6 months and business income to prove your financial capacity to repay the loan.

• Possessing the requisite special license from authorized organizations for the said business activity is mandatory.

• A clean credit history with no negative records from other banks, financial institutions, individuals, and legal entities is essential.

• Possess immovable properties to pledge.

• Cosigner is mandatory.

Required documents:

1. Loan application form / in accordance with the NBFI form/

2. Introduction of the business

3. Legal entity certificate, charter, and founding agreement

4. Financial reports (for the last 1-2 years)

5. Permits, licenses, and patents relevant to business activities

6. Credit reference from credit database obtained from other banks and financial institutions institutions

7. Agreements pertaining to loan financing activities

8. Documents related to collateral

9. Additional documents as necessitated by the nature of the business