GreenLiving Loans
Get a $10,000+ GreenLiving Loan for hybrid and electric vehicles, solar panels or batteries, energy smart shutters, or other energysmart upgrades. Take advantage of:
- 100% financing on hybrid and electric vehicles
- Deferral of loan payments for 3 months for energysmart upgrades
- preferential rates
- the benefits of going green today and every day after
Solar Panels loan + Transfer of Mortgage to Cayman National Bank Ltd.:
- 100% solar financing added to the mortgage loan.
- Loan to value of 80% or less.
- Term: Up to 40 years (term of the loan should not exceed retirement age).
- 1% commitment fee:
- Interest rate: Variable or Fixed and negotiable based on risk factors.
- Interest only payments for 3 months.
- Reduced legal fees with prearranged CNB legal counsel.
Existing CNB clients have access to:
Solar Panels Loan + Mortage:
- 100% solar financing added to the mortgage loan.
- Term: Over the remaining term currently in place or the term being extended (term of the loan should not exceed retirement age).
- 1% commitment fee:
- Interest rate: .25% less than the existing mortgage rate.
- Interest only payments for 3 months.
- Bank security documentation prepared in-house with no legal fees.
Stand Alone Solar Panels Loan:
- 100% financing.
- Term: Up to 20 years (term of the loan should not exceed retirement age).
- 1% commitment fee:
- Interest rate: 7% fixed for 5 years. Indicative interest rates at maturity would be a variable rate of Prime + 1% or a fixed rate alternative, both to be quoted at that time.
- 3 months deferral of loan payments.
- Bank security documentation prepared in-house with no legal fees.
- No-prepayment penalty fees.
Apply now by completing the personal application form and submitting to any of our Customer Service Centres.
Checklist:
- Completed Personal Loan Application Form
- Employment letter confirming salary
- Certified copy of passport
- Proof of Address – utility bill, credit card or bank statement/ reference
- Work Permit (if applicable)
- Company Financial Statements for the past 2 years, if you own a company or a controlling interest in a company
- Bank Reference Letter (if not a Cayman National customer)
Full details & instructions can be found on the personal loan application form.
Contact one of our Personal Bankers on +1 345 949 4655 to discuss your personal loan and submit your application.
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*All applications are subject to credit approval.
*Terms and condtions apply