These terms and conditions govern the provision of various financial products and services by Belfax Capital Services, including commercial mortgages, commercial finance, asset finance, business loans, bridging loans, vehicle finance, residential mortgages, invoice factoring etc.

DEFINITIONS

In these terms and conditions:
(a) "we," "us," and "our" refer to Belfax Capital Services, and "you" and "your" refer to our customers;
(b) "Services" refers to the commercial mortgages, commercial finance, asset finance, business loans, bridging loans, vehicle finance, residential mortgages, and invoice factoring services we provide to you.

Eligibility Criteria

1. Borrower must have a working bank account in his/her name or company name which will be used for the transfer of the loan.
2. Our management accept interest only payment on Monthly basis whereby the balloon payment will be repaid back at the end of the loan duration.
3. Our management gives a maximum of 3 months repayment grace period before starting their monthly repayments, This is only meant for borrowers that are seeking for repayment grace period before starting their monthly repayment.
4. Failure to pay back the loan at the expected date / period, legal actions will be taken against the borrower by our attorney.
5. Address: You must inform us about change of circumstances and must tell us promptly if you change your residential address or zip, or if you think there is any information that we should be aware of.
6. Borrower must be at Least 18 years of age.
7. The Loan will be granted regardless of your credit score.
8. There are no pre-payment penalty.
9. Borrower do not need a Co-Signer for this loan
10. Borrower must be a Citizen or have a residential permit of where you are applying from.
11. Borrower must have a valid Government approved identification card.
12. Borrower is responsible for the loan 1 point origination fee of the loan funds after approval and contract agreement document signed.