Who Qualifies for a loan?
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ELIGIBILITY FOR LOANS
Payday, Personal, Short Term Loans and Debt Refinancing
last three pay slips, other prove of income or evidence of debt to be consolidated/ refinanced
MicroFinance Loan
Owners of micro and small businesses. Your business must have been in
operation for at least one (1) year.
LOAN PROCESSING
Completed application form (online, emailed to you or at our office)
Taxpayer Registration Number (TRN)
Valid identification e.g. Drivers License, Voters I.D. and Passport
Two references one should be living with you or knows where you live.
List of assets that may be used to secure loan
Proof of address of home and business (Utility bill for the last two months)
Evidence of trading activity i.e. financial statements, bankbook, sales invoices or purchase commitments made. (For business loans only)
DISBURSEMEN
Loans will be disbursed via online transfer and direct deposit, once the following in provided:
Approved salary deduction form
Approved standing order form
Approval from qualified guarantor where applicable
Bank account number to process transfer funds
SECURITY TYPE
Appliances, Equipment,
Real Estate, Motor Vehicle
LOAN AMOUNT
$20,000 – $1,000,000
PAYMENT PERIOD
3 – 24 Months
*Conditions Apply
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