Get ProtectedBusiness Property Loan
Business Property Loan is an instalment loan to help in the purchase of property, which can be for own business use or for investment purpose.
Features:
How our Business Property Loan Can Help You:- Flexible repayments
Choose from a range of repayment options with fixed monthly repayments with or without the flexibility of a moratorium period based on your cash flow.
- Quick approval
We will process your loan within 6 working days upon receiving all the required documents. - Hassle-free services
For your convenience, we can help arrange for property valuation, legal documentation and insurance. In addition, the Mortgage Reducing Term Assurance is not mandatory for your application, hence giving you greater flexibility and cost-effectiveness.
Suitable for:
Sole Proprietors, Partnerships and Companies
Documents required:
- Standard documents required:
- Identity Card and / or Passport of Sole Proprietor / Partners / Guarantors
- Identity Card of nominee (for non-Bruneian applicants)
- Latest 12 months company / personal bank statements
- Latest 2 years Management Accounts
- Company Registration – Sections 16 & 17 for Sole Proprietorships and Partnerships
- Copy of Land Title Deed
- Copy of approved house plan with scaled measurements
- Sale & Purchase Agreement for purchase of property
- Lease Agreement for leasehold property
- Contractor agreement for construction of property
- Certificate of balance for takeover loan
- Rental agreement (if available)
- Any other relevant documents
- Additional documents for Limited Companies:
- Company Registration – Form X, Certificate of Incorporation and Share Certificate
- Memorandum and Articles of Association
- Latest 2 years Audited Accounts