Small Business Loans

Overview

Bank of Bermuda offers loans for your small business - financing to get started or to simply facilitate the needs of the business.You may need working capital to get started, financing for a large expenditure or need to purchase equipment. A Small Business Loan can help to lessen the impact of these one-time payments on your day to day cash flow.

Key features and benefits

• Option of convenient pre-authorised payments
• Fixed terms
• Detailed monthly statements
• Loans up to $150,000 

What you should know before you apply

You may be eligible for this product if:

• you are a business operating in Bermuda with annual sales less than $1,000,000;
• you are a sole proprietor, partnership or limited liability company ;
• you have good credit history in your personal life and your business