Overdraft Facilities

• Accessed via Current Accounts to assist with inventory & receivable financing and daily expenses
• Repayment fluctuates with business income

Bankers' Acceptances

• Specifically used to finance inventory and receivables
• Negotiable Interest Rates with a maximum term of 180 days

Ordinary Demand Loans

• For specific short-term borrowing needs

Foreign Currency Loans

• Are also available to customers with the foreign currency income stream

Premium Financing

• Used to assist with payment of insurance premia
• Up to 90% financing & usually up to a maximum of 10 months

Letters of Credit

• Bank guarantees issued to beneficiaries for supply of goods/services or performance of contractual obligations

Bills Discounting & Invoice Financing

• Discounting of Bills of Exchange and commercial invoices to provide access to cash ahead of maturity of debtors' accounts

Amortising Loans

• Used for financing expenses that are repayable from future earnings
• Repayable by periodic installments comprising principal and interest

Commercial vehicle loans

• For acquisition of commercial vehicles and equipment

Commercial Land Loans

• For acquisition of commercial land

Construction Bridging Loans

• For the financing of buildings during the course of construction
• Linked to Prime Lending Rate
• Converted to long-term mortgage loans on completion of construction

Commercial Mortgage Loans

• For acquisition of real estate and conversion of Construction Bridging Loans
• Variable Interest Rates
• Repayable by periodic installments comprising principal and interest

Lease Financing

• For the purchase of vehicles, equipment and machinery

Immigration

• Guarantees cover for expatriates seeking work permits or other persons seeking citizenship

Customs

• Allows businesses to clear imported goods prior to payment of duties

Bid

• Issued on behalf of contractors or suppliers in support of tenders

Advance Payment

• Issued on behalf of contractors or suppliers who receive advance payments on contracts

Performance

• Issued as surety for performance under contract

Cheque Guarantee

• Ensures customer's cheques are paid upon presentation

Standby Letter of Credit

• Issued on behalf of customers as a means of guaranteeing payment against future delivery of goods/services

Custom Broker

• Posted by licensed Customs Brokers to allow for the handling of shipping documents

Project Financing

• Funding of project structured financing mechanisms such as BOOTs (Build, Own, Operate, Transfer), BOLTs (Build, Own, Lease, Transfer) and SPVs (Special Purpose Vehicles)

Capital Market Access

• Use of Bonds, Syndicated Loans and other structured loan products to arrange financing with other institutional investors in the local and regional capital markets for capital expansion, acquisition and working capital financing

Advisory Services

• Advice on mergers and acquisitions, capital structuring, debt restructuring and company valuation