Business Loans At Oceanic Pacific Bank of Asia we specialize in providing business loans to companies, corporations and to small and medium-scale enterprises (SME). Our increasing presence in the region enables us to serve our customers with secure and flexible lending facilities at very competitive rates. Whether you need a loan for business expansion or for working capital purposes, Oceanic Pacific Bank of Asia will be the bank of choice to meet your business requirements. Our products include:

• Overdraft
• Term loan

Overdraft

Overdraft is a convenient and flexible form of financing with no fixed repayment schedule. You can draw on funds as and when you require, and the interest is only charged on the amount that is drawn. Purpose of Overdraft is to meet your business's working capital requirements.

Key features and benefits of Overdraft Facility

• Short term revolving lending facility
• No fixed repayment schedule
• Flexibility to draw on funds as and when required

Term Loan

Term loan is a credit facility for a specific tenor and for a specific purpose. It is usually utilized to finance the purchase of capital goods, and immovable properties and buildings for business operations. The tenor is usually fixed to meet the business's short/medium term financing requirements.

Key features and benefits of Term Loan Facility

• Short and medium term lending facility
• Term of up to 10 years is available
• Fixed monthly repayment over the loan term