Business Loans

Is for owners of small businesses, whether they are sole traders or is registered as a limited liability companies. This group do have needs from time-to-time for cash to meet their operational needs on a short term basis with the preference for a quick advance to make purchased of stock for product/service or to meet compulsory payments they are faced with.


  • Borrow up to $5.5 Million
  • Same day processing
  • Flexible security/collateral packaging (to include secondary packaging elements where there is a shortfall in meeting the primary security requirements)
  • Enjoy a weekly low interest rates of 1%* approximately
  • Establishing line of credit possible with periodic draw-down as needed to avoid un-necessary interest where funds are not used immediately.
  • No processing fees
  • Lump-sum payments possible
  • Early close out; No Problem- No Penalty


  1. Primary security package required (will consider adding secondary security elements where there is a shortfall in meeting the primary security requirement)
  2. Bank standing order (its use is highly suggested for repaying loan)
  3. Business must be registered either as a sole trader of a limited liability company with all registered documents produced

OBF Imperatives

1. Time is important, both that of the applicant and Company’s so quick processing is very essential to keep the same day loan slogan a reality. Walk the applicant right into a screening session (filling out of applications can wait) and with the aide of a the loan calculator and on an average time of no more than ten minutes the client should be in a position to know if a loan is possible at a cost beneficial plan

2. If a grant of loan is possible to the client the next steps are

  • loan application form to completed,
  • check-list ticked-off ones of requirements given to the applicant for providing things as required
  • confirm residency by way of field visit,
  • confirm references given with a phone call,
  • prepare documentation ahead of time
  • accurately completed documents to Head Office for cheque clearance requirement.

3. It is very important at the onset that the credit officer makes the applicant in discussion fully aware and told of the importance of not only making their payments on time as the way to enjoy the best interest rates and cost benefits but a listing of all established points to make payments also take into consideration the following

  • If there is an award of Cash-Back there must be a clear explaining to the applicant how it is applied that they are in the know as to how to extract maximum benefit
  • A systematic processing of applicant and documentation accurately completed will aid to maintain the Same Day Loan advance promise and reduce applicant over waiting and getting frustrated.
  • Credit Officers are required to go in depth with the applicants as to the step-by-step process of his/her crop project and to determine if a periodic draw-down is beneficial to save interest cost.
  • Bank Standing Order can be established for a farmer who prefers to pay just interest until crop is reaped and sold.