About Business Loan

At MorisICU, we get to know your business to determine the right financing approach and don’t require you to fit in a box. Click the button below to tell us about your business goals and we will be in touch within one business day.

We’re here to help your business, large or small. That’s why we offer all types of loans to meet your business needs.

An overdraft facility may be offered to your current account to provide you with more liquidity in order to cover all your needs.

Ready to apply? Click here to apply online. It’s fast, easy and secure. You’ll receive an email notification or phone call when your loan is approved.

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Business Loan Products

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Acquisition or Expansion Loans

Your business is ready to expand. And obtaining an acquisition or expansion loan can help you do just that. Whether you’re looking to store more inventory, open a new location, launch a new product, or hire more staff, MorisICU can help you get there.

Business Lines of Credit

Give your business the flexibility it needs to take advantage of every opportunity. MorisICU offers several lending options for businesses who require flexibility in their financing to appropriately manage cash and to handle the unexpected.

Business Letters of Credit

You’re not alone. We have your business’ back. If you’re looking to purchase large equipment, meet requirements for bonding on a construction project or even hoping to establish a relationship with new suppliers, we’ll vouch for your business.

Equipment and Fleet Loans

Get the equipment your business needs to grow. Our easy financing options give you the ability to take your business to the next level. Replacing old or acquiring new equipment can mean additional revenue for your business.

Get financing for whatever you need now

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Features of Business Loan

All loans are not created equal, business loan has become a great option for people to use.

Loan Amount

Loan amount ranges from $10,000.00 to $5,000,000.00

Loan Duration

Loan duration ranges from 6 months to 15 years.

Loan Process

It takes an interval of 3 to 5 working days from application to funding depending on the borrowers compliance.

No Penalty

There is no early repayment penalty.

Business Loan - Eligibility

Any salaried, self-employed or professional Public and Private companies, Government sector employees including Public Sector is eligible for a business loan.

Age

Maximum age of applicant at loan maturity: 80 years

Income

Minimum credit score required is 500 (There are considerations for some cases below 500)

LTV

80 to 85%

Frequently Ask Questions

Yes, all loans can be paid off early.

You can apply online at any time for a small business loan.

Our team will work closely with you to make sure your financing is in hand as soon as possible. Factors such as the type of loan, type of collateral and the speed of documentation back and forth can affect the overall timeline.

Extending the number of months you take to pay off a term loan will lower your monthly payment. However, it will take you longer to pay off the debt and the total cost of borrowing the money will be higher. The type of collateral you pledge to secure your loan may have an impact on your interest rate, too

Apply Now For Business Loan

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