Commercial Property Loan/Financing-i

A commercial property loan/financing that offers long-term financing for the purchase of completed or under-construction commercial and industrial properties. The facility is also made available to refinance completed properties and remortgage of properties that are free from encumbrances (cash-out).
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About Commercial Property Loan/Financing-i

What is this product about?
This is a financing facility for the purchase of commercial properties and calculated on a variable interest/profit rate basis. You are offering your property as a security for this financing. You also have an option to apply for Overdraft/Cash Line Facility-i together with this application.
What is Base Lending/Financing Rate?
Base Lending Rate (BLR) or Base Financing Rate (BFR) is the reference rate used as the basis for financing facilities. The BLR/BFR is determined based on Overnight Policy Rate (OPR) imposed by BNM.

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