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Business Loans

Make your dreams of establishing your own business a reality with CDB Business Loans.

If you are just beginning your business, CDB can help you with the initial costs. If your business is currently running, we can help you with finances toward operations, assets, or business expenses.

Documents needed for Business Loans

  • Memorandum and Articles of Association
  • Copy of Certificate of Business Registration/ Incorporation/ Trading Certificate
  • A letter authorizing CDB to obtain references from other banks
  • Copy of latest Form 48 filed with the register of companies
  • Audited financial statements for the past three years
  • Last available interim statements
  • Turnover Tax Paying-in slips for the current year
  • Project Report/ Feasibility Report (if available)
  • Write up of the Management Structure, Production Facilities and Marketing strategy of the company
  • Age Analysis of debtors and creditors
  • Certificate of Borrowing
  • Particulars of Bank Accounts of the parties who intend to participate as acceptance of the proposed facility (ID photocopies of applicant and guarantors)
  • Resolution as provided by the bank
  • Trade Reference
  • Fund Flow Statement
  • Specimen Signatures of Directors/ Officer authorised on behalf of the company
  • A letter granting power of attorney (if necessary)
       
 
 
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Apr
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Mar
CDB Relocates its Thissamaharama branch
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