Medium and long term financing

Overview

Sunomil aims to service the long-term financing needs of businesses with a sound financial standing, solid management and evident succession planning.

 

Eligible businesses

Small and Medium sized businesses

 

What we offer 

We offer long-term business credit facilities of 3 to 12 years tenor to finance the operational and investment requirements for growth. These include the following:

  • Project financing
  • Acquisition of business premises
  • Purchase of assets
  • Renovation
  • Refinancing

Pricing

The interest rate on long-term business credit facilities is calculated based amongst other on prevailing market conditions and a variety of factors reflecting the risk undertaken, the security provided and the duration of the facility.

 

How to apply

Applicants are required to complete and submit the following:

  • The Credit Facility Application Form
  • The Personal Financial Statement (PFS). Where applicable, the PFS must also be completed by all guarantors/security providers
  • The supporting financial information/documentation as stated on the relevant list
  • The relevant checklist for Legal Entities 

Email us to info@sunomil.com for a copy of the above documentation templates.

 

For the evaluation of a short-term business credit facility request, all above documents must be submitted to Sunomil.