We are committed to responsible lending, ensuring that all business loan applications undergo a transparent and fair evaluation process. As part of our commitment to financial integrity, we conduct credit checks to assess business creditworthiness, ensuring that loans are structured to match the borrowing capacity of each applicant.

1. Consent and Authorization

By applying for a business loan with @Amo-Omo, the applicant (“Borrower”) provides explicit consent and authorization for @Amo-Omo and its representatives to conduct business credit checks. This includes gathering relevant financial and credit-related data from various sources, including accredited credit bureaus and financial institutions, both in Namibia and internationally.

2. Information Collected

Our credit evaluation process involves assessing key financial and business metrics, including:

• Business creditworthiness and repayment history
• Company indebtedness and financial obligations
• Business cash flow and revenue patterns
• Any existing business loan obligations
• Compliance with financial commitments and repayment behavior

To obtain this information, we may access reputable business credit bureaus such as Compuscan, financial statements, and other third-party financial reporting agencies.

3. Verification and Due Diligence

To ensure accuracy and compliance, @Amo-Omo may perform additional due diligence checks to validate the business’s financial standing and legitimacy. This includes verifying:

• Business registration details (CC, Pty Ltd, etc.)
• Tax clearance certificates and compliance records
• Bank statements reflecting cash flow stability
• Supplier and vendor payment records

This process ensures that businesses receive loans that align with their financial capacity and operational needs.

4. Cross-Border Information Sharing

As part of our comprehensive risk assessment, @Amo-Omo may share credit information across borders with relevant affiliates, financial institutions, and entities within the Compuscan Group. This step is necessary to facilitate responsible lending while adhering to all applicable data protection laws and industry regulations.

5. Borrower Acknowledgment & Responsibility

By submitting a business loan application, the Borrower acknowledges and agrees that:

• The credit check process is a mandatory step in the loan evaluation process.
• The results of the credit check will be used solely for assessing eligibility and loan structuring.
• A business with an adverse credit history may be declined or required to provide additional documentation.
• The credit information obtained will be stored in accordance with @Amo-Omo’s privacy policies and data protection regulations.

6. Questions & Support

For any inquiries regarding this Credit Check Policy, our dedicated team at @Amo-Omo is available to provide assistance. We are committed to transparency, fairness, and responsible business lending.