CGC Guaranteed Business Loan
- Guarantee Fee
- Do I have to pay the guarantee fee if I do not perform any drawdown?
- Where do I see the guarantee fee?
- Why do I see a blended rate of guarantee fee and interest charge in the app as well?
- How much is the guarantee fee?
- When will I have to pay the guarantee fee?
- What happens when I make partial early repayments?
- What happens when I make a full settlement?
- Would there be any extra guarantee fee that I would be refunded if I make early settlement or partial early repayment?
- How is guarantee fee calculated and charged?
- Application for CGC Guarantee
- Do I need to separately file an application with CGC?
- What documents do I need to provide to qualify for the CGC Guaranteed Biz FlexiLoan?
- Can I choose the regular Biz FlexiLoan by GX Bank if I do not wish to incur the higher charges of the guarantee fee as well?
- How long does the CGC approval process take?
- Can I apply for a CGC guaranteed Biz FlexiLoan if I already have an existing loan with other financial institution?
- I previously applied for a CGC-guaranteed Biz FlexiLoan and was rejected. Can I re-apply for a Biz FlexiLoan without the CGC guarantee?