Log in to your First Circle Account with your email and password.
- Begin on the Home Page, then click Credit to open the new Drawdown interface.
Click Draw funds to initiate the drawdown.
- Select the appropriate credit product, then click Next.
- Enter all necessary loan setup details such as amount, duration, and payment terms. You can also choose which day of the month or day of the week you prefer to repay the loan.
- Click Calculate my loan to generate and review the loan breakdown, repayment schedule, and computations. You can check details of repayment and computation by clicking on the View repayments schedule or View computation link.
You may also check the amount and interest if you wish to pay early by clicking the link below:
- If all details are correct, proceed by clicking Next.
- Carefully review all loan details. When ready, click Confirm drawdown.
- Choose the preferred disbursement method: Pay Account or the client’s selected Bank Account, and click Next.
- Select the repayment option to complete the loan request, then finalize by clicking Complete.
- Then click on View loan details.
- Once your loan application is approved, you will be able to sign the contract by clicking on the Sign Loan Contract section.
Good to know:
- You cannot apply for a loan while your account is still under review — you must be a verified client first.
- Your Relationship Manager or the Support Team can process a loan for you if needed.
- You may also nominate team members from your company to have loan access.