Mcb home business

Term Loans

Your business may consider a term loan if it needs to purchase equipment, vehicles, property or if renovating or updating equipment / property.

With assistance of our Commercial Credit Account Managers, long term / short term financing solutions can be offered to improve your business operations and / or refinancing existing debt.
All term financing solutions will be tailored to allow your businesses to comfortably repay its debt.

Please have a look at our frequently asked questions for more information.

Get a Term Loan

Required elements:

  • Chamber of Commerce Excerpt, Shareholder Registry and Articles of Incorporation for the Business.
  • Picture ID of managing director(s) and owner(s) of the business.
  • For existing businesses: 3 years of most recent financial statements. For new businesses: 3 years of financial projections.
  • Completed personal statement of affairs from all principals / managing directors.
  • Recent Salary slip of Owners (if they receive a salary from the business).
  • For purchasing equipment: Quotations of equipment to be purchased.
  • For purchasing property: A recent appraisal of existing property (and any additional developments for which financing is being requested).
  • All required permits for business and building (if applicable).


Contact one of our Commercial Credit Account Managers to schedule an appointment.

Important!

Important message for WIBDirect Business users

Dear valued client,

Please be advised that access to the WIBDirect Business will be discontinued at September 15, 2023.

In order to avoid a service interruption, activate yourself on the new WIB Business Online banking platform today!

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