Individual Business loans

Individual business loans are specially designed for self-employed individuals.  Loans are used for working capital support. Loan amounts range from J$30,000 to J$500,000.

Things you should know

• Individual business loans are available to micro business operators who have been operating a business for at least six (6) months.

• Loan amounts range from J$30,000 to J$500,000.

• Loan tenure range from three (3) months to four (4) years

• Loans must be secured.

Requirements

• Valid ID (National ID, Passport or Driver’s Licence)  

• TRN  

• Passport size photograph which can be be taken at the branch.  

• Proof of Address (Utility Bill or Registered Mail not exceeding 3 months) in applicant’s name. A site visit is required in lieu of the Utility Bill or Registered Mail.  

• Proof of business ownership.

• New applicants must present one Reference Letter 

• Completed business loan application form  

• Credit check is done for loan amounts J$100,000.00 and over.