Credit Facilities

Loans

• We offer US Dollar loans at a very competitive interest rate
• Collateral must be located within the country of Belize
• Interest is calculated on the reducing balance
• No penalties on prepayments
• Financing ratio is 60% - 40%

Line of Credit

• Primarily used for development projects
• Funds are disbursed in phases in accordance to a disbursement schedule
• Interest is calculated on the reducing balance and computed on a monthly basis

Overdrafts

• Offered as a source of working capital
• Interest is calculated on the daily overdrawn balance
• Funds are easily accessible once within the overdraft limit

International Visa and MasterCard Credit Cards

• Cash Security requirement is 125% of credit card limit
• We offer automatic monthly payments of credit card bill
• The interest rate on the credit card is 1.83% per month, which only applies if full bill is not paid each month
• All cards are GOLD cards, regardless of the limit
• The minimum limit allowed is US$1,000.00
• 100% of limit is available for cash withdrawals (per cycle)
• You may choose to have your personal name only, Company's name only, or both appear on the card
• The yearly Membership fee for the main cardholder is US$100.00
• The yearly Membership fee for each additional cardholder is US$10.00

An application for a credit card must be completed