COVID-19 Business Support: No Monthly Service fees for Commercial Loans for an additional six months
Published on 25 Sept 2020
A reminder that our Financial Assistance Package is available to help small - mid business Members who are impacted by the COVID-19 pandemic. We are providing relief assistance on all types of home loans, personal or car loans, overdrafts or credit cards and all commercial loan repayments. If you wish to apply for financial relief, please complete our Financial Assistance application form and one of our friendly staff will contact you to assist.
Furthermore, under the SME Guarantee Scheme, Noor Credits & Security NV. will be able to offer an unsecured 3-year term loan to all business customers with a turnover of less than $50 million. For the first six months, payments are deferred and interest to be capitalised. After the deferral period, you can choose to pay Principal and Interest payments, or in certain circumstances Interest Only payments with full clearance of the debt at the end.
These loans will be offered to new and existing members at a variable interest rate and a minimum establishment fee of $500.
To get started or find out more, request a call back from our Lending Specialist or call to arrange a discussion about your business needs today.
This information has been prepared without having regard for your individual and/or business objectives, financial situation or needs, you should, before acting on this information, consider its appropriateness to your circumstances. Noor Credits & Security NV. reserves the right to change or cancel these offers at anytime without notice. These products are only available to approved business customers and for business purposes only. This offer cannot be used to refinance existing debt or purchase an asset. Applications for finance are subject to Noor Credits & Security NV. ’s credit eligibility criteria, terms and conditions, fees and charges.
