Business Credit Line

Business Credit Line

• What is a Business Credit Line?
• How is my total Business Credit Line amount determined?
• How can I use my Business Credit Line?
• Why is my credit line locked?

Credit Line Renewal

• My Credit Line decreased from the previous year, what can I do to increase my limit?
• Can I still increase my Credit Line when I already renewed?
• My 12 months term with my Business Credit Line is over, how can I renew it?

Interest Rate, Terms, Transaction Fees

• How much is your interest rate?
• What is the term for a loan?
• How much is the convenience fee?

Loan Requests and Acceptance

• Why was my loan request rejected?
• How can I drawdown funds from my First Circle account?
• How do I sign the loan contract?
• What should I do after signing my loan agreement?
• Can I still change my loan details after I sent out a drawdown request?

Cheque Issuance & Pick-up

• What do I write on the cheque?
• List of Serviceable Areas for Cheque Pick Up
• My business address is not a part of the Serviceable Areas for Cheque Pick Up, what do I need to do?
• My cheque is already available for pick-up, what do I need to do?

Fund Disbursement

• How can I receive my funds?
• How long would it take to receive my funds?
• How to know the status of my disbursement?

Repayment

• Can I reschedule my due dates?
• How to settle late payments?

Other FAQs

• Can I apply for a new loan even if I have existing loans?
• Do I need to have a checking account?