Business > Loan Schemes / Credit Facilities > Professional/Business Residence Loans

Loans financing the acquisition of professional/business premises or plot of land (whereby professional/business residence will be erected) or financing major repair/restoration/improvement costs on professional/business premises.

Major characteristics:

  • Amount of loan is according to your business borrowing needs and financial capabilities.
  • Repayment term may vary according to your business budget, expected cash flows and repayment ability. Maximum repayment period is 20 years.
  • Very competitive interest rates depending on duration of loan, type of security to be obtained, client’s contribution in relation with total cost of financing and overall existing banking relationship if any.
  • The form of security is usually personal/shareholders guarantees and first legal mortgage on the property for which loan will be disbursed. Any other form of security (tangible/intangible) may be obtained/requested at the discretion of the Bank.

How to Apply
If you want to apply for a Professional/Business Residence Loan call our Customer Teleservice Centre or visit your nearest branch. If you are an ibank subscriber you can make your application online.

If you know the amount you would like, use your Loan Calculator

Important credit information
Interest rates may vary. All applications are subject to evaluation.