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An immediate infusion of funds designated for a specific purpose.

Corporate Loans

A loan gives your business an immediate infusion of funds designated for a specific purpose either for one-time expenditures or long term financings such as fixed asset purchases, permanent working capital, business expansion, and acquisition.

The term and interest rate differ with each financing purpose and request. Several aspects are considered, one of them being the company’s capacity of repaying the loan and the other the collateral guaranteeing the loan. These are discussed and agreed with the client prior to the disbursement of the loan.

Term Loan:

Whether you are looking to finance capital expenditures or expand your business into a profitable new area, a Banco di Caribe Term Loan is your answer. Each Term Loan we service is designed specifically to meet your needs and is typically structured to be repaid in three (3) to five (5) years.

Term Loan features:

Provides a one-time lump sum with fixed monthly repayments
Can be used to purchase inventory, materials, vehicles (new/used) or (heavy) equipment
Secured by the floating asset you’re financing
Competitive rates of interest
Borrow up to 70% of the purchase price.

Term Loan requirements:

Company financials of the two (2) most recent years
Copy of invoices validating purchase price
Company Bank statements (if not a BdC client)
List of company machinery & equipment, inventory & stock signed and dated
Aging list of company Account Receivables signed and dated
Personal guarantees by company owner(s); BdC net worth statement must be completed and submitted.

Frequently Asked Questions about Corporate Credits

What do I need to apply for a business/term loan?

Below you will find two lists. One containing the features of a business/term loan and the other list contains the required documents in order to apply for one.

Business/Term loan features:

Provides a one-time lump sum with fixed monthly repayments
Can be used to purchase inventory, materials, vehicles (new/used) or (heavy) equipment
Secured by the floating asset you’re financing
Competitive interest rates
Borrow up to 70% of the purchase price

Business/Term loan requirements:

Company financials of the last two years
Copy of invoices to validate the purchase price
Company bank statements if not a BdC client
Personal guarantees by company owner(s), along with BdC net worth statement(s)
List of company equipment, inventory and stock, signed and dated
List of company account receivables, signed and dated.

Who should I contact to apply for a business loan?

Applying for a business loan at Banco di Caribe is easy. Our account managers are ready to guide you through the application process with personal advice.

You can contact us for an appointment at (5999) 432 3200.

Start your application now.

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Form fields

Contact person *

Company name *

Chamber of Commerce number *

Purpose of loan *

Loan amount requested *

Account manager

Banco di Caribe uses your data only to answer your question.

Need help?

Customer Support Dept.

(5999) 432 3200

Business hours:
(5999) 432 3323

After business hours:

(5999) 511 1919 - ATM & Debit Card

(5999) 522 7777 - Credit Card

(5999) 518 7777 – Merchant Service Support

Opening Hours

Weekdays: Monday - Friday

All branches: 8:00 AM - 4:00 PM