Commercial Loans and Overdrafts

  • Target Group – Companies and Self-Employed Persons
  • Range – Loans and Overdrafts above GYD$25M but below GYD$70M

The Commercial Loan can be accessed for:

  • Working capital financing
  • Purchase of fixed assets such as land
  • Purchase of current assets such as stock, machinery, equipment, vehicles etc.

Repayable by monthly or *periodic installments of principal and interest on the reducing balance.
*dependent on the type of industry

The Overdraft can be accessed for working capital requirements. Subject to an annual review.

  • Rates are dependent on the industry type and collateral offered.
  • Application Fee:
    • Front end fee of ½% of requested loan amount. Deposit of 50% (non-refundable) to be made as a condition of the requested loan appraisal.
What you will need

Before visiting our branches, ensure you have the following documents:

New to Republic Bank?

Two (2) form of Identification
Recent utility bill
Job status letter
The required amount to open the account

Existing Republic Bank customer

Two (2) form of Identification
Job status letter
The required amount to open the account


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