Apply for Loan

 

STEP 1: Borrowers apply online via the website application form

 

STEP 2: Once we receive the required loan application documents, our expert verifies their accuracy, eligibility and further processing, which takes 2-3 business days.

 

STEP 3: Files reviewed are transferred to an affiliated audit firm for final review and audit opinion.  The applicant should expect approval or rejection of his request.

STEP 4: If approved, a draft contractual agreement, which includes the amortization schedule, the interest rate thereof and the repayment plan as determined by a trusted financial auditor, is shared with the borrower through the loan officer.  A copy is sent to the affiliated law firm to schedule an appointment date with the borrower to sign the contract.

 

STEP 5: Based on the auditor’s recommendation, transaction amount limit and with the selected lending bank, and restricted countries, the borrower (applicant) may require to open an offshore transit bank account where the  Loan amount is finally deposited.

 

STEP 6: The loan application can be approved or rejected for certain reasons and on approval bases.  The applicants (borrower) will be informed by notification of approval for the signing of the contract and the decision of the auditors on the selection of the lending bank, the borrowers meet physically.  with an affiliated law firm for signing contracts and legalization.  A copy of the signed and legalized contract will be sent to the bank for the disbursement of the loan amount to the bank account of the borrower (applicant).