NCBCM Launches Secured Loan Facility - NCB CAPLoan
NCB CAPLoan is an asset based loan where the underlying security is the primary basis of the loan approval.
What is the current Acceptable Collateral?
- NCBCM JMD Money Market Fund (NCB CAP M-Fund)
- NCBCM USD Money Market Fund (NCB CAP xM-Fund)
Existing and new customers can borrow up to 90% of their Unit Trust M-Fund Value!
- Client must have the available asset
- Client must have no delinquent debts with NCB Jamaica
|Tenure||Maximum 5 years (Amortized)|
|Interest Rate||Fixed (10.75% - 12%)|
|Minimum loan amount||JMD 1 million|
|Turnaround time||Next day disbursal|
Contact your NCB Capital Markets Wealth Advisor today for more information!