Overdraft Loans

This is a time-honoured way of getting hold of money quickly and easily. The bank agrees you can use a sum in excess of what you have in your account, on which you pay a certain amount of interest.

GTBank structures overdraft and loan facilities to meet our customers specific business needs and desire.

If you're in need of cash up-front for a major project or acquisition even though you don’t have enough funds in your bank account to pay for it , GT Bank SL Ltd can provide such credit facilities for you and your business.

What are the benefits of overdrafts?

Interest charged applies only to the sum you still owe. So every penny of the debt you pay off means that next month the interest will be lower.

You can use an authorised overdraft as a permanent line of credit, paying back as little or as much as you can afford each month.

What is a Short Term Loan?

Monies advanced to customer over a specified period usually 12 months payable by monthly equal instalments.

What is a Meduim Term Loan?

When a customer enjoys a facility from the Bank and this is paid back over a three to five year period with negotiable repayment terms.