Learn more about loans and different scenarios on how you can access one at AIBL.

1. Atlantic International Bank Ltd.
Loans

2. So, what about Atlantic International
Bank and Loans?
 Atlantic International Bank has been in existence for over 15
years.
 Throughout this time, the bank has helped clients like you, to
benefit from savings package.
 AIBL is also here to help you walk that step closer to owning
your own home, property, condominium, or even being the
developer of your small or large project.
 Our loans are tailored to suit your budget and needs.
 With our flexible repayment terms, you may never need or
require the assistance of another offshore banking provider
within the jurisdiction of Belize.
So, what about Atlantic International
Bank and Loans?

3. “
”
 Our loans are used for several purposes which offers the perfect
solution to match your monthly budget in terms of payments.
 Loans range anywhere from the vicinity of purchasing:
 a piece of land
 building a home
 buying a piece of land that already has a house or building on it
 buying a home that need remodelling
 even buying a condominium unit in one of the popular destinations
countrywide.
 Our loans for property purchase only carry the same terms however, the
repayment capacity is stretched out for no more than a 5 year period. Unlike
the other loans where we can amortize for 15 years max.
Our Loans

4.  Buying a piece of land that already has a home on it can be the best
solution to save time.
 Bear in mind that the bank requires for the structure to be insurable
and wooden structures often pose a high threat to any insurance
provider, making them harder to insure. This is something you might
want to talk to your credit officer about.
 When it comes down to purchasing a property with a home and you will be
renovating it, always remember to check the building codes and see if they
match up to current regulations and standards.
Requirements and Procedures in
purchasing a piece of Land

5. Types of Properties you can own
Lagoon Side Properties

6. Types of Properties you can own
Island Property

7. Types of Properties you can own
Lagoon View Condominiums

8. Types of Properties you can own
Lagoon Side Land Parcels

9. Interest
rate
Lifespan of
Loan
Monthly
installments
So, what does our repayment terms
include?

10.  Our basic repayment terms include an amortized interest rate of on
the reducing balance.
 Unlike the APR financing that is ever most popular, our rate is fixed
throughout the lifespan of your loan.
 We can tailor your monthly payments to suit your exact budget and
have you pay off your credit facility with ease and comfort.
 The bank is not in Real Estate business, so the last thing we would
want is another foreclosed property, hence we work around the
customer needs.
Repayment terms

11. Scenarios on Financing

12.  Bob found a piece of property in San Ignacio Cayo which is being sold for
US$160,000.00.
 It doesn’t have any structures on it but has over 10 acres of plush farm land and
 Bob quite frankly is a retired farmer from Alabama who was looking for something
to do after retirement.
 Bob enters into this contract and approaches the bank for assistance or financing.
 Automatically we would inform bob that closing cost would take up the total value
of his project which is usually about 8 – 10% of the total purchase price, if land
transfer is involved.
 This brings Bobs total loan request to US$176,000.00. The bank would only lend up
to 60% of the project cost or US$105,600.00 and Bob would have to source the
additional equity contribution of US$70,400.00 out of pocket.
 Given the fact that Bob will only be given 5 years to repay, his monthly payments
would amount to US$2,662.00 for that five year period. With a surplus after his
retirement check of US$4,500.00, Bob has the means to repay his loan within 5
years.
Scenario #1

13.  Jane from California has visited Belize and fell in love with a property in Placencia
that is currently being sold for US$450,000.00.
 Unlike Bob’s property, this one has a newly built concrete home on it and Jane is
ecstatic about purchasing it for her retirement home.
 At AIBL, we make your dreams of retiring come true. Jane is closer to retiring than
she thinks.
 At her property cost of $450,000.00 the closing cost would be in the tune of
US45,000.00. That sums her project up to the total of US$495,000.00. The bank
will finance 60% of this project or US$297,000.00.
 Jane will have to put up the additional US$198,000.00 in equity. Monthly payments
for the US$297,000.00 will be to the tune of US$2,415.00. Now, you are wondering
well how come Bob’s loan was smaller than Jane’s but then he has a higher monthly
payment.
 The answer is easy, Bob does not have a 15 year amortization like Jane does. So his
monthly payments and terms will be different that Jane who is actually building her
home.
Scenario #2

14.  The last scenario has us looking at Susan, who already owns a property on the
beach in San Pedro and has approached us wanting to build a home on that
property.
 Susan paid US$200,000.00 for the property back in August of 2009 and has been
maintaining the property ever since. Her property tax payments are up to date
and she now wishes to build a home to the tune of US$180,000.00.
 This project is basic and since Susan will be giving the property as collateral, she
now has to come up with the additional US$72,000.00 and the bank will finance
her US$108,000.00 towards the house construction. There is the scenario that
Susan might not have the cash equity and wants to use the equity in form her
property.
 The bank would only look at this as a second option if she is unable to meet the
equity requirement.
 The loan will be amortized for over 7 years with a 3 year balloon. Her monthly
payments would be to the tune of US$2,170.00 for the 3 years and a balloon
payment of US105,000.00 which can be rolled over for the other years once
approved by management.
Scenario #3

15. So, there you have it!
Atlantic International
Bank
Offering you:
Flexible Payment Terms
Flexible Options
Financial Solutions

16. Thank You