Why Choose Us?
Flexible Financing: Our OD loan facilities offer flexibility in borrowing, allowing you to access funds up to a predetermined limit whenever you need them. Whether you need to cover short-term expenses, manage seasonal fluctuations, or take advantage of growth opportunities, our OD loans provide the financial flexibility you need.
Quick Access to Funds: With our OD loan facilities, you can access funds quickly and conveniently whenever the need arises. There's no need to reapply for a new loan each time you require additional funds. Simply draw from your available credit line, and the funds will be deposited into your account promptly.
Competitive Interest Rates: We offer competitive interest rates on our OD loans to help you minimize borrowing costs and maximize your business's profitability. Our transparent pricing ensures that you know exactly what you're paying for, with no hidden fees or surprises.
Tailored Solutions: Our OD loan facilities are designed to meet the unique needs of businesses across various industries. Whether you're a small startup or a large corporation, our experienced team will work closely with you to tailor a financing solution that aligns with your business objectives and cash flow requirements.
OD/OverDraft Loan Products
Revolving Credit Line: Our OD loan facilities provide you with a revolving credit line, allowing you to borrow, repay, and borrow again within your approved limit. This flexibility enables you to manage your cash flow efficiently and address short-term funding needs as they arise.
No Fixed Repayment Schedule: Unlike traditional term loans, OD loans do not require fixed monthly repayments. Instead, you have the flexibility to repay the borrowed amount at your convenience, with interest charged only on the outstanding balance.
Secured and Unsecured Options: Depending on your business's financial position and creditworthiness, we offer both secured and unsecured OD loan options. Secured loans require collateral, such as inventory, accounts receivable, or property, while unsecured loans do not require collateral but may have higher interest rates.
Online Access and Management: Manage your OD loan account conveniently online through our secure banking portal. Monitor your available credit, track transactions, and make drawdowns or repayments anytime, anywhere, with 24/7 access to your account.
How to Apply
Consultation: Contact us to schedule a consultation with one of our lending specialists. We'll discuss your business's financial needs and objectives to determine the best OD loan solution for your situation.
Application Submission: Complete our online loan application form and provide the required documentation, including financial statements, business plans, and collateral details (if applicable).
Evaluation & Approval: Our team will review your application and assess your creditworthiness and financial standing. Once approved, we'll establish your OD credit limit and provide you with access to your revolving credit line.
Access Funds: Start using your OD loan facility to access funds as needed for your business operations. Draw funds online, over the phone, or through your designated banking channels whenever cash flow needs arise.
