Cash-Backed Facilities

Bring your financial plans to life with Cash-Backed Facilities

Secure your loan with cash or near cash investments with CBG. Credit facilities available under this product are Term loans and overdrafts for individuals.

Open Account

OPEN YOUR CASH-BACKED FACILITIES ACCOUNT

How to get started

The bank account that provides flexible access with more ways to bank

FEATURES & BENEFITS

Create a cash-backed facilities accounts for all your needs

Competitive Interest Rates
No Fees or Charges for Early Pay off
Fast and Easy Access to Loans for Qualifying Applications
Products cover only cash or near cash as security
With flexible terms of payments
Tenor: maximum 48 for term loan and 12 months for overdraft

REQUIREMENTS

Fully completed loan application form
Successful performance of customer due diligence (verification of the source of the funds etc.).
Verification of identity, proof of residence, and other personal identification on the customer
Lien Letter, with a right of set off.
Signed accepted facility letter