
Any business may need to borrow for a variety of reasons, such as working capital requirements, to finance capital expenditures, to cover upcoming tax payments or any other dues while it awaits payment, etc.
In such a case, BPR offers its credit worthy customers with a solution to their liquidity needs. With the line of credit, BPR’s customer enjoys the privilege to maintain a specified level of loan balance for up to 1 year.
Benefits:
Ideal for business people to overcome liquidity shortages
Interests are paid only on the part of the line of credit that is used;
Quick and easy approval process to suit your immediate working capital needs;
Credit limit depends on the capacity of the borrower to pay back
Competitive interest rates that favor our best clients
Up to 12 months credit period
Your business is enough to secure the loan
Flexible repayment modalities
— Depending on your business cash flow
— Interests are only paid monthly in case the credit line was used
Conditions:
To be a trustworthy client of BPR for at least 1 month
To have a viable business that is properly managed
Some security is required like assets, the business, or guarantee from a third party.
Approach your BPR branch for more information