CASH BACKED FINANCING, CBF

Features:
  1. Minimum amount: $250,000.00 USD
  2. Annual interest rate: 6.99%
  3. Maturity: up to 10 years
  4. Grace period: 12 months
  5. Processing time: 45  business days minimum
  6. Service fees: 5% of the financing requested.
Eligibility:
  1. Viability of the project or business
  2. Payment of cash collateral equivalent to 20% of requested financing amount
  3. Additional guarantees and/or ownership in the financed project or business.
  4. Subscription to appropriate insurance.
  5. The company representative must be at least 21 years old with clean criminal record.
Effective February 28th, 2023.