Maxi Loans | First Union Financial

About Our Maxi Loans

This loan product starts at $300,001 and is capped at $4,500,000.

This loan is offered to business owners and operators who have at least eight or 10 persons in employment and have been in operation for at least one year.

Same must be operating a feasible business and is collecting cash daily.

This loan is given for the replenishing of stocks, purchasing business equipment or for the expansion of business.

The maximum repayment time is 156 weeks.


APPLY FOR A LOAN

Maxi Loan Requirements

TRN

Tax Registration Number

ID

Valid Jamaican ID

Photos

Two (2) passport size pictures

Proof of Address

Utility bill or character reference from a Justice of Peace (J.P) which includes your address

Stock

Recent stock purchase receipts

Assets

Digital images of assets and business

Collateral

Collateral (insured property, cash, comprehensively insured motor vehicle, cash surrender value of life insurance policy)

Vehicle

Motor vehicle

Credit

Credit Check Report

Proof of Business

Business registration documents

Rent

Rent receipts (if applicable)

Financials

Audited Financials

Banking

Print out of bank statement (last 6 months)

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