Loan Terms & Conditions

Loan Funding Terms and Conditions

• FUNDING RANGE: Minimum U$1 Million and maximum funding is U$10 Billion
• LOAN PERIOD: 15 years period depending on the borrower or more
• INTEREST RATE: 2% per year interest rate
• LOAN REPAYMENT: Balloon payment is at the end of the 10-15 years period which means the borrower will pay back the total loan amount at once at the end of the 10-15 years loan period
• INTEREST RATE PAYMENT: Starts at the end of the grace period of 2 years, that borrower start the payment of the interest rate to the lender
• GRACE PERIOD: 2 year's grace period
• LOAN COLLATERAL: The project itself is the collateral for the loan amount which the project is tied to the collateral to the loan amount.

Loan Funding Procedure

1. TYPE OF PROJECTS FOR FUNDING: INFRASTRUCTURE -- ENERGY -- HEALTH CARE -- SHOPPING CENTRES - CONSTRUCTIONS - GREEN ENERGY - OIL, DRILLING AND MINING -LUMBERING, START-UP PROJECTS AND ON GOING PROJECTS - TRADING BUSINESSES
2. The loan closure is a face to face meeting at the office of our financial advisory or online closure meeting based on the borrower option for the loan closure meeting.
3. The loan amount disbursement is via bank to bank transfer to the borrower account
4. The required documents from the project owner for the loan process are:
   • BUSINESS PLAN
   • BUSINESS / COMPANY REGISTRATION LICENSE
   • ID COPY
5. Once we received all the above requested documents from the borrower. We will review and evaluation the documents, if the project is approved for funding then we will send the loan application form for the borrower to fill and sign then return the loan application form
6. We will prepare the loan agreement for the borrower perusal immediately after the borrower has returned the filled and signed loan application form
7. The prepared loan agreement will be send to the borrower for careful studying and to crosscheck for any mistakes in the loan agreement for corrections. If the borrower is satisfied with the content of the loan agreement then the borrower is expected to reconfirm, that borrower have agreed with the terms and condition content of the loan agreement before the signing of the loan agreement with the financial advisory at the loan closure meeting or online signing
8. The date of the closure meeting will be agreed with the borrower in regards to the loan closure meeting with the financial advisory which is optional for a face to face loan closure meeting or online loan closure.
9. The borrower must come with the copies of following loan project documents for the loan closure meeting and for the registration of the loan project documents but for online loan closure the project documents will be sent by email:
   • ID COPY
   • BUSINESS PLAN
   • PROOF OF ACCOUNT DETAILS
   • TWO PASSPORT PHOTO
   • PROOF OF ADDRESS / ANY UTILITY BILL PAID BY THE PARTNER
   • BUSINESS / COMPANY REGISTRATION LICENSE
10. The loan closure required fee which is for the payment and registration of the borrower loan project documents with the following offices in charge below:
    • CHAMBER OF COMMERCE OFFICE IS FOR REGISTRATION OF THE BORROWER COMPANY LICENSE
    • TREASURY OFFICE IS FOR THE REGISTRATION OF THE LOAN AMOUNT WITH THE BORROWER ACCOUNT DETAILS
    • HIGH COURT REGISTRY OFFICE IS FOR LEGALIZATION AND VALIDATION OF THE PROJECT DOCUMENTS WITH THE SIGNED LOAN AGREEMENT
    • NOTARY OFFICE IS FOR THE NOTARIZATION OF THE PROJECT DOCUMENTS WITH THE SIGNED LOAN AGREEMENT
11. For the face to face loan closure meeting the borrower will come with registration fee in cash or by transfer or any other means that is favorable for the borrower to pay the required fee at the office of our financial advisory after signing the loan agreement then the borrower will hand over the require fee to the our financial advisory to process and pay for the registrations of the above mentioned loan project documents together with the signed loan agreement to the respective offices in charge mentioned above.
12. For the online loan closure with the borrower, the borrower will have to sign the loan agreement then make the payment of the registration fee through bank transfer to our financial advisory account to enable our financial advisory to process and pay for the registrations of the above mentioned loan project documents together with the signed loan agreement to the respective offices in charge
13. After the payment process and registration of the loan project documents are completed then the borrower will be taken to the bank, if the borrower came for a face to face loan closure meeting by our financial advisory for the transfer of the loan amount to the borrower account but the if the borrower close the loan online then the borrower will not be taken to the bank rather our financial advisory will move to the bank to transfer the loan amount to the borrower account that the bank must demand for the registered documents for verification and confirmation before transferring of the loan amount to the borrower designated account
14. Without the registered and paid loan project documents, the authorities will not allow our bank to transfer the loan amount to the borrower designated account because the registered documents are from the chamber of commerce office, from the Treasury office, from the high court registry office and the notary office which must be presented to our bank before the transfer of the loan amount to borrower account. This is the reason for the required fee which is the duty of the borrower not the lender because the loan agreement bears the name of the borrower as beneficiary of the loan amount.
15. We pay 1% commission to any brokers who introduce project owners to us for project funding.