Maxi Loan
Jamaica
Under this programme entrepreneurs can access up to four and a half million dollars ($4,500,000.00) at a competitive rate, calculated on an annual basis with flexible repayment periods.
FUNDS
US$500,000 - US$500,000
INTEREST RATE
12%
INDUSTRIES
All
Eligibility
ANNUAL REVENUE
US$500,000 - US$500,000
REQUIRES COLLATERAL
4 YEARS
Qualifications
N/A
Documents Required
Valid Jamaican ID
Two (2) recent passport size photographs
Tax Registration Number (TRN) for the business
Tax Registration Number (TRN) for the director
Two (2) Character References
Registration documents for business
Utility bills for the last three (3) months (To be used as proof of address)
Last three (3) months of rent/mortgage receipts (To be used as proof of ownership or rental arrangement)
Written information on the business/ Financial Statements (monthly income and expenditure reports)
Last six (6) months of bank statements
Business plan for one (1) to three (3) years (If applicable) (Must be professionally done)
Application Process
To apply for this loan, a business must access First Union Financial Group's website and locate the "Applications" tab. Click the "Maxi Loan Application Form" link and fill out the information accordingly.
Other Information
N/A
First Union Financial Group Limited
First Union Financial Group Limited provides financial assistance to employees and entrepreneurs. To date, the company mainly operates in the micro-financing sector with two distinct portfolio streams namely Small Business Loans and Loans to individuals, mainly employees of stable companies which facilitate repayments through salary deductions.
43 Eastwood Park Road
Kingston 10
(876) 926-2669
(876) 754-4112
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