Small Business Loan & Overdraft

Starting a new business can be risky. National is here to guide you and bring your ideas to reality.

Loan Requirements

  • Letter of request (stating amount being requested, purpose, security/collateral being offered)
  • Resolution to borrow (companies, clubs, organizations, associations)
  • Documents supporting purpose of the facility
  • Personal/Business Financial Statements (Business "Trading As")
  • Cash flow projections for at least two years (reflecting month by month positions)
  • Security documents (e.g. real estate, cash)
  • Copy of lease agreement (if premises is being leased)
  • Copy of Business license
  • Bank references (name of past and present bankers)
  • Property appraisal
  • Certificate of good standing (Social Security Office)

Additional Requirements for Non-Nationals

  • Copy or work permit/residency status
  • Alien land holding tax
  • Tax returns for last two years