Target
 Group Medium, small and big corporate customers

Requirements
 - Marketable collateral.
 - 6 months active account with the bank
 - 3 years audited financial statements
 - Insurance policy covering full value value of the collateral
 - Memorandum / Articles of Association and Board Resolution if its a Limited Company.

Loan amount
 80% of collateral pledged
 60% of business turnover

Purpose
 Commercial use - plant and equipment maintanance of buildings equipment, etc

Interest rate
 Risk Based

Term
 60 months maximum

Characteristics
 - Early redemption and prepayment allowed
 - Flexible repayment plan

Additional features
 Loan re-advance after 12 months repayment on annuity or linear basis

Availability
 All branches of NBS Bank

Benefits
 - Allows you to support growth of your business
 - Can be used as start-up capital of your business
 - Can be used for capital expenditure

Coronavirus (COVID-19) Update

NBS Bank plc would like to assure all customers that it has business continuity plans that are in place to ensure an appropriate response to any situation that can cause a distruption to the business, including the COVID-19 Outbreak.

 
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