At First Citizens, you work with a team of experts who understands the needs of your business.

We offer commercial banking products and services—from financing to investment and cash management solutions—ensuring you get a financial strategy customised to your specific needs.

Commercial Mortgages

The interest rates on Our Commercial Mortgages are negotiable with other features such as:

  • Term up to 15 years
  • Can be fully amortizing with no calls or balloons
  • Loan to Value Up to 70%

Commercial Property Loan

Our term loans are designed as a one-time disbursement of funds to cover long-term financing or can allow businesses to make interest-only payments for an agreed period before payments are amortized over the rest of the life of the loan. Turn your business goals into reality without depleting your savings.

Main Features

  • Flexible terms available with competitive interest rates up to fifteen years
  • Fixed monthly payments help you manage your budget
  • Fast approvals allow for quicker availability of proceeds
  • Worry-free banking with automatic payment deduction
  • Cover long-term expenditures without depleting your savings or the availability on your overdraft

Requirements:

  • Last two to three years financial statements for the business
  • Last six to twelve months bank statements
  • Most recent Management accounts

Overdraft

Our working capital solutions are there to help you while you’re waiting for cash to come in. They can also boost your efficiency by, for example, giving you the means to negotiate better discounts with your own suppliers.

 
Overdrafts are the simplest working capital option :

Main Features

  • There are no pre-set minimum or maximum levels for borrowing on an overdraft.
  • Renewable annually
  • Variable interest rate linked to our base rate
  • Interest calculated daily and charged to account monthly
  • No interest charge on unused overdrafts

Requirements:

  • Last two to three years financial statements for the business
  • Last six to twelve months bank statements
  • Most recent Management accounts

For more information

Contact our Commercial Lending Officer at (246) 431 4500 and discuss your requirements today