Republic Bank (Guyana) Limited
Personal Commercial Corporate
Everyday Banking | Borrow | Invest  
 
Commercial Banking
Corporate Services  

At Republic, we offer a range of Corporate Services. Facilities are available in either local or foreign currencies; and interest rates are usually tied to our Prime Lending Rates. Fixed Interest Rates are also offered.
 
WORKING CAPITAL FINANCING
 

Commercial Overdrafts

A commercial overdraft is a form of credit which is extended to business clients e.g. sole traders, partnerships and limited liability companies to assist with working capital and daily expenditure of the business.

Features:-

  • Overdraft limits can be increased from time to time and also for occasional and temporary circumstances.
  • Interest is calculated only on the amount of the overdraft utilised.

Benefits:-

  • Improves cash flow of your business by allowing you to pay for goods and services pending receipt of receivables.
  • Proper servicing of this facility establishes a good credit rating thus ensuring future credit.
Bankers' Acceptance
To finance stocks and receivables at very attractive Interest Rates are offered.
Revolving Loans
To assist with cash flow/facilitate trade such as settling invoices and purchasing raw materials. Can be used by importers for certain items of raw material or merchandise separate to other working capital lines. These are usually settled between 30 - 180 days from export proceeds. Additionally, this facility is ideal for financing contracts/ specific orders.
 
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