Our Mission
Belay Empire's mission is to provide Biblically inspired loans to Indigenous Peoples, minorities, and private individuals while adhering to negotiable, lawful, ethical, and fair lending practices that are free from usury. Transparency is at the core of Belay Empire; we are steadfast and unmovable in our dedication to honoring ancestral treaties, preserving cultural heritage, respecting customs, upholding religious values, and fulfilling our social responsibilities. By addressing the institutional barriers within the U.S. banking system, we aim for economic inclusion by enhancing access to capital, making it more accessible to those who have historically been underserved.
Loan Description
By this, Public Law 97-280 97th Congress October 4, 1982.
The "Biblical Loan" is a unique loan that aligns with the principles outlined in Biblical text about borrowing and lending. It aims to provide financial assistance to private individuals and Indigenous Peoples in need without expecting anything extra in return. The loan is driven by the spirit of generosity and seeks to fulfill the Creator’s call to help those in need, those fulfilling their life purpose, and those who wish to do good works.
Loan Structure
1. Eligibility:
The loan will be available to private individuals and Indigenous Peoples who can demonstrate a genuine need for financial assistance or to fulfill their life purpose.
2. Loan Amount:
The loan will provide a credit line with a predetermined amount of 5,000 and up. The loan amount will be determined based on the borrower's specific circumstances, considering the extent of their need and the ability to repay.
3. Interest:
Belay Empire will not charge any interest on the "Biblical Loan" amount. The borrower will only be required to repay the principal amount borrowed.
4. Essential Donations:
As part of our commitment to giving back to Indigenous Peoples, and the cost of operations Belay Empire has an essential 10% donation needed from the overall negotiable instrument amount on every negotiable instrument Belay Empire processes. This contribution will be allocated to employee compensation, meeting the financial needs of our business operations, strategic investments, and supporting social causes; and initiatives aimed at promoting financial inclusion and empowerment for private individuals and Indigenous Peoples.
5. Repayment Terms:
The repayment terms will be flexible, taking into account the borrower's financial situation. The borrower will have the freedom to repay the loan at their own pace, without the pressure of strict deadlines.
6. No Collateral:
The loan will not require any collateral. It will be based on good faith, trust, and mutual understanding between Belay Empire and the borrower.
7. Support and Guidance:
Belay Empire Indigenous Private Bankers will provide support and guidance to borrowers, assisting them in managing their finances effectively and developing a plan for debt repayment.
8. Loan Application:
Borrowers will be required to submit an application outlining their circumstances, financial need, and repayment plan. This process will include a review by a Belay Empire Indigenous Private Banker to ensure alignment with the loan's principles.