How to apply for an FCBBIC loan
Loan requests are made directly by the interested entrepreneur
or by a participating bank.
- Make a loan application to a participating financial
institution following their regular lending procedures.
- The participating institutions will then either approve
the loan, reject the loan, or refer your application to
the FCBBIC for a loan guarantee.
- The FCBBIC Loan Committee will review your loan application
to determine if financial assistance is feasible. Approval
of the application means that the financial institution
has agreed to award the loan while the FCBBIC has agreed
to guarantee a percentage of the amount loaned.