Offshore Finance - Back to Back Loans
This financial loan is an effective means to use your funds for the projects you want to invest in, while reducing risk by not having to pledge assets that are not already with the bank.
Whether the funds are to be used as start up capital for your new business venture or for the purchase of fixed assets Back-to-Back loan options that meet everyone’s situation.
To be eligible for a Back-to-Back loan you must:
* Be an existing Customer of the bank.
* Have a term Deposit Account with a minimum of USD10,000.00.
* The Back-to-Back Loan is for 98% of the term deposit amount.
* The processing fee for a Back-to-Back loan starts at 0.01% of the amount borrowed.
* Request the Back-to-Back loan via the iBank.
* Normally the Bank lends at a rate 0.5% above the rate of interest received on a term deposit account.
If you want to take the financial loan from an Offshore Bank this would be even better as they provide one of the lowest interest rates around.
Financial offshore centers
- Anguilla
- Antigua
- Bahamas
- Barbados
- Belize
- Virgin Islands
- Bermuda
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- Cayman Islands
- Cook Islands
- Costa Rica
- Channel Islands
- Dominica
- Grenada
- Gibraltar
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- Jersey
- Nevis
- Panama
- St Kitts
- St Lucia
- The Grenadines
- Turks & Caicos Islands
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