Laravel
IBS Capital Loan Approval Assessment
The IBS Capital Internal Loan is available to All Permanent Employees who have been employed for four (4) months or more. The criteria for qualification is detailed below.
  • Employed for 4 - 12 months - maximum loan equivalent to 50% of monthly salary
  • Employed for 12 months and over - maximum loan of $5,000.00

The Interest Rate is 3% monthly, and repayment by salary deduction is mandatory.

Loan repayment commences from the month after funds are disbursed and the maximum repayment term is 12 months.

In the event of an outstanding loan balance on the termination of employment by either the company or the applicant, the outstanding amount remains payable and IBS Capital Inc will act accordingly to collect the outstanding amount.
Income
Name
Value
Total: 800.00
Loan Amount
Length of time employed Repayment Term (Months)
Expenses
Name
Amount
Total: 500.00
Declaration

By submitting this form, I confirm that all information presented in this application is accurate, and I agree to repay the Internal Loan, accept the terms and conditions of this Internal Loan Application, and authorize IBS Capital Inc to execute mandatory Loan Deductions from my Salary every month until this loan is repayed in full to IBS Capital Inc.