CalBank Retail Overdraft Facility

CalBank is always ready to provide you with the right solutions for your business needs. The CalBank Retail Overdraft Facility is meant to finance SME businesses with working capital needed to help businesses sort out cash flow issues. We provide overdraft facilities under flexible terms and conditions to our valued SME clients. Our dedicated business banking team is ready to help SME clients to provide support to our clients to enable them gain access to funds within the shortest possible time. Find out how we can help you get access to loans to enable you achieve your business goals.

The purpose of the CalBank Retail Overdraft Facility is to bridge occasional short falls in working capital for the business. Other benefits of the offering are:

  • A dedicated relationship officer to handle all activities in relation to the facility
  • Access to flexible terms and conditions
  • Access to funds within the shortest possible time upon meeting the requirements of the Bank
  • Access to competitive charges etc
  • A tenure of 12 months
  • An applicable arrangement & processing fee
  • SME and Individual clients are eligible
  • The business should operate a preferred business account with the Bank
  • Submission of the current company registration documents from the Registrar General’s Department
  • Submission of 6 to 12 months bank statement (if your company operates another account with a different bank)
  • Submission of the last three years’ audited accounts (when ready) or submission of management accounts
  • Submission of cash flow projections for the borrowing period. This normally applies to Limited Liability Companies
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