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.
Tax Registration Number
Valid Jamaican ID
Two (2) passport size pictures
Utility bill or character reference from a Justice of Peace (J.P) which includes your address
Recent stock purchase receipts
Digital images of assets and business
Collateral (insured property, cash, comprehensively insured motor vehicle, cash surrender value of life insurance policy)
Credit Check Report
Business registration documents
Rent receipts (if applicable)
Print out of bank statement (last 6 months)