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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