Martin Burns Limited

At Martin Burns IOM Limited, we have tailored solutions designed to help grow SME business. These include easy access to finance for working capital, dedicated relationship manager, capacity building for businesses, access to markets and a conducive banking climate for investment. Customers now have access to foreign exchange easily in any At Martin Burns IOM Limited to purchase eligible imports. SMEs can access up to US$200,000 per quarter for importation without opening Letters of Credit or Bills for Collection under our certified funding scheme. Below is the details of business Loans scheme Maximum amount of US$500M & Above Maximum duration of 15 years Competitive interest rate at affordable 3% Flexible and convenient repayment options A Notarized Personal Guarantee as an Indemnity Meeting and Funds release. If you are looking forward to funding your business and or projects, Martin Burns IOM Limited will help you in many ways. Kindly contact us via our website at: www.mbiom...

Our financing solution offers flexible loans to facilitate purchasing of equipment for businesses. Available to companies with annual turnover of up to US$250, 000,000 Spread repayment over a tenor of 48 months. Loans available between US$500,000,00 -900,000,000.00 Below are the requirements * 3% equity contribution required * Requirements for Lease Finance * Application form and letter * Pro-forma invoice * Board resolution * Execution of lease agreement Borrowers Personal guarantee and statement of net worth of the Directors/Proprietors of applicant company with a minimum of 15% equity stake Execution of equipment lease and sales back agreement Then Meeting and release of funds Via Investors Bank. Martin Burns (IOM) Limited is equal to the task. Contact us via website www.mbiomfinance.com

A secured loan is a loan that has an asset as collateral for the loan. In the event of missing a payment or defaulting on the loan, the bank or lender can then collect the collateral. This type of loan generally has a lower interest rate because the bank has a lower risk because it can collect the collateral if you default on payments. A secured loan can be a good way to build credit if you go through a reputable lender like MARTIN BURNS (IOM) LIMITED Types of Secured Loans Mortgages are secured because your home acts as collateral for the loan. If you miss payments, you can go into foreclosure and lose your home. Car loans are also secured loans. Similar to a mortgage, the car itself as collateral for the loan. If you default on payments, the car can then be repossessed. Secured credit cards are another type of secured loan. The bank will usually require you to make a deposit against the card’s limit, which guarantees the loan. Banks will do this for customers who are tryin...

If you’ve never had a loan before, the good news is that assuming you have a good credit rating, rates have edged downwards in recent weeks. However, you may be totally confused about what to look for, so we’ve compiled a list of 10 things you need to know before you make an application. You can only borrow up to £25,000 with an unsecured loan There are two types of loan – secured and unsecured. Unsecured loans are aimed at people who want to borrow a relatively small amount – they tend to be available for amounts between £1,000 and £25,000. A secured loan is held against your property Secured loans (also known as ‘homeowner loans’) derive their name from the fact that the debt is held against your property. This means your home is at risk and may be repossessed if you fail to keep up with your monthly repayments. The minimum loan size on a secured loan is usually around £10,000 and you may be able to borrow up to £100,000. However, the maximum loan size could be lower as it ...

Maximizing the effectiveness of existing financial instruments The Fund’s current financial instruments include grants and concessional loans. In addition to the additional financial instruments described throughout this document, the Fund can also maximize the effectiveness of its existing financial instruments, especially grants. Grants need not necessarily be a one-time disbursement with no expectation of repayment; grants can also be used so that they are “recycled” and thus greatly increase their leverage and catalytic effect. Recycling represents the ability to be repaid and then redeploy the funding for a future, separate use. In this form of use, one grant may be deployed to bring many successive projects or programmes to fruition. The Fund would also retain the option to use grants as a one-time disbursement. A central feature of traditional grants is that there is no expectation of repayment for grants as traditionally defined. This has the potential of creating distortin...