Commercial Loans

Our commercial loans are available for a range of business activities such as working capital, revolving line of credit and asset acquisition. With financing available up to a maximum of fifteen years, let us help you expand your business. 

** Documents Required Commercial Loans

  1. Certificate of Incorporation
  2. Articles of Incorporation and By-Laws
  3. Last three (3) years Financial Statements
  4. Last six months Bank Statements
  5. Identification and proof of address of all directors
  6. Details on the purpose of the loan

** Additional documents may be required to process your application. Feel free to give us a call (246) 426-4755 for the documents required for your specific financing needs.

*Special Terms & Conditions apply. 

Vehicle Leasing

Need a vehicle but don’t want to use business capital? Our vehicle leasing is specifically designed for businesses and professionals alike which allows you to purchase a new vehicle without having to use capital. With terms of 3, 4, 5 or 6 years, our vehicle leasing:

  • Allows you to claim VAT on monthly payments
  • Removes the need to use business capital to purchase/finance a non-income earning asset 

Clients will be required to pay the licensing cost, insurance and maintenance of the vehicle annually for the period of the lease. Please note a security deposit is required. 

* Documents required for Leasing Vehicles for Businesses

  1. Certificate of Incorporation/Registration 
  2. Articles of Incorporation 
  3. Company By-Laws
  4. Notice of Directors
  5. Notice of Address
  6. List of shareholders and shares held (where applicable)
  7. Last three (3) years Financial Statements (where applicable)
  8. Last six months Bank Statements

* Documents required for Leasing a Vehicle for Professionals

  1. Bank statements or other proof of income
  2. One (1) form of Barbados Identification
  3. Driver’s license
  4. Proof of home address (utility bill no more than three months old)
  5. Proforma Invoice from dealership
  6. Notice of Assessment from Inland Revenue for the last three years 
  7. Job letter

* Additional documents may be required to process your application. Feel free to give us a call (246) 426-4755 for the documents required for your specific financing needs.

Corporate Revolving Loans

It's all about choice at Globe Finance, and yours is the one that counts! 

Our Revolving Loan Account provides you with a line of credit for your business needs. Interest is accrued monthly and you have the convenience of making either fixed monthly payments inclusive of interest or the option of a lump sum payment without penalty. 

**Documents Required for Commercial Loans

  1. Certificate of Incorporation
  2. Articles of Incorporation and By-Laws
  3. Last three (3) years Financial Statements
  4. Last six months Bank Statements
  5. Picture Identification and proof of address of all directors
  6. Details on the purpose of the loan

** Additional documents may be required to process your application. Feel free to give us a call (246) 426-4755 for the documents required for your specific financing needs.

*Tangible security will be required. 

Foreign Exchange Trading

Foreign Exchange

As an authorised Foreign Exchange dealer, we offer international payments at competitive rates enabling you to send and receive funds to and from anywhere around the globe quickly and efficiently.  We have a knowledgeable team on hand ready to assist with all your foreign exchange needs.

Our Foreign Exchange Service is ideal for:

  • Companies who export goods and services - foreign funds received and converted at attractive rates
  • Companies who import goods and services - foreign funds remitted at a low cost
  • Individuals who wish to send monies to or receive monies from their loved ones overseas

 
Service Offers:

  • International wire transfers
  • Foreign currency accounts – USD only
  • Registering incoming foreign funds with Central Bank of Barbados
  • Processing Central Bank of Barbados applications for the purchase of foreign currency

 
International Business

We provide wire transfer services to international clients – International Business Companies (IBC), Societies with Restricted Liability (SRL), etc.  No minimum balance is required to get started.

Our International Business Service is ideal for:

  • Foreign currency accounts – USD only
  • International wire transfers
  • Wire transfers to local accounts at preferential rates