Loan Terms & Condition

  1. Borrower must have a working bank account in his/her name or company name which will be used for the transfer of the loan.
  2. Borrower will start the repayment of his/her loan a month after the loan funds has been transferred.
  3. Borrower will have to either pay back the total interest divided by the total number of months in the loan duration and then pay back the loan amount at the end of the loan term. For example you are given a loan of $100,000.00 for a period of 2 years at 5% interest rate,you will have $10,000.00 as the total interest which means $10,000.00 will be divided by 24 which is the total number of months in two years giving you $416.67 i.e $416.67 will be paid each month beginning after one month of funding for a period of two years then the loan amount of $100,000.00 will be paid at the end of the 2 year loan duration(loan term) or borrower will pay back the principal plus total interest at the same time for the number of months in the loan term i.e. $4,583.33 monthly for a loan amount of $100,000.00 at 5% interest rate for a period of 2 years.
  4. Borrower will be given four weeks (a month) grace to payback the principal(loan amount) at the end of the loan duration before legal actions will be taken.
  5. Failure to pay back the loan at the expected date / period, legal actions will be taken against the borrower by our attorney.
  6. Address:You must inform us about change of circumstances and must tell us promptly if you change your residential address or zip, or if you think there is any information That We Should be aware of.
  7. There is no early repayment penalty.
  8. Interest: Interest rate shall be 5% per annum irrespective of the loan amount.
  9. Loan Process: It takes an interval of 3 to 5 working days from application to funding depending on the borrowers compliance.
  10. Loan Amount: Loan amount ranges from $10,000.00 to $25,000,000.00 .
  11. Loan duration: Loan duration ranges from 6 months to 15 years.
  12. LTV: 80 to 85%
  13. A borrower must have a valid means of identification(Drivers license ,international passport etc)
  14. Minimum credit score required is 500(There are considerations for some cases below 500)
  15. Loan Contract: At the end of the loan processing, if the loan is approved, a Loan contract will be prepared by the lender and signed by both parties before the transfer of approved loan funds by the lender to the borrower.