Examples of LOAN CEILING in a sentence
Loan ceiling is Kips per household depending on the location of the meter with respect to the main.The repayment period will be 12 months without interest and without consideration of management cost.The time lag between the repayment of the previous batch’s borrowers and the loaning out to the next batch’s borrowers should not be exceeding 30 days.
Loan ceiling and maximum amortization by phasePurposeMaximum Loan AmountMaximum Monthly AmortizationLot acquisitionPHP 100,000.00PHP 685.30Site developmentPHP 30,000.00PHP 205.59Housing materialsPHP 120,000.00PHP 834.60Loan packagePHP 250,000.00PHP 1,725.49Note: This is the CMP loan package updated in August 2014.Source: Authors’ compilation financial support as had been done in several cases before.
Loan ceiling reaches 2 million EGP per enterprise, financing working capital, machines and equipment.
Loan ceiling varies in terms of capacity of the clients and geographical areas.
Loan ceiling amounts and terms may be varied on a case-by-case basis if justified by a review of the borrower’s credit history and business plan, and by the SME consultant in consultation with ADB.