Loans & Credit
Dear valued customers, When your business needs funds to grow, Bongyan Finance limited has the answer. We offer several business loan options to help meet your particular financial situation. Whether you require a one-time disbursement of funds for general growth, or if your need is specific to equipment or real estate, we have the solution.
We offer a choice of competitive rates, market-leading systems and top-quality service, designed to offer you more choice.
We pride ourselves as being a financial institution that welcomes customers from all locations and origins with the promise that you will be treated fairly, consistently and professionally, with individual service being an absolute priority.
OUR BRIEF LOAN TERMS IS AS FOLLOWS:
LOAN ANNUAL INTEREST RATE: Our Interest rate is 3% per year.
MINIMUM LOAN AMOUNT: The minimum loan amount is $1,000,000.00.
MAXIMUM LOAN AMOUNT: The maximum loan amount is 500 Million USD. In some cases we can approve bigger loan amounts above 500 million USD.
GRACE PERIOD: We can grant grace periods of between 6 months to 3 years depending on the nature of the project.
LOAN REPAYMENT DURATION: The loan repayment duration is between 6 months minimum to 30 years maximum.
WHAT ABOUT PPP’s AND JOINT VENTURES (JV): It is important to enlighten you that WE NO LONGER DO JOINT VENTURES OR PPP. We give direct loans as debt finance to customers that meet our requirements.
As for the information needed, you will need to fill an application which contains your personal information and also the loan information, this will help us give you a full documentation of the loan terms and agreement contract which you will be expected to sign and send back to the company for approval if satisfied.
HOW LONG DOES IT TAKE TO HAVE YOUR LOAN APPROVED?
After receiving your application form, all documents will be forwarded to you either by fax or email attachment within 24hours. Immediately the signed document is received from the applicant, approval document follows within 24hours. So I will rather say, it will take 48 hours to have your loan processed, approved and released to you.
HOW DO I APPLY?
Please fill this application Form below:
LOAN APPLICATION FORM
Do You Have An Account? *______________
Have You Applied Before? *______________
Loan Amount Needed *__________________
Loan Duration *________________________
Purpose of Loan *_______________________