Blue Smoke

FUNDS

N/A

INTEREST RATE

N/A

INDUSTRIES

The COK Small Business Loan is offered to members for any business-related activity. The member must provide documentation to support the purpose of the loan and must also have qualifying shares in COK.

Small Business Loan

Jamaica

Qualifications

Must be a member of COK Sodality Co-operative Credit Union Limited

Documents Required

• Financials prepared by a Certified Chartered Accountant (stamped):
• Income & Expenditure Statement (minimum 2 years)
• Balance Sheet
• Cash Flow Statement and Cash Flow Projections (for at least 3 years)
• Print-out of Savings/Current Account Transactions for at least 12 months or updated Bank Book
• Aged Receivables (where applicable)

• Documentation to support loan purpose
• Business Plan
• Business Registration Certification & Articles of Association (if applicable)
• Letter of Good Standing (obtained from the Office of the Registrar of Companies)
• TCC
• Completed Application Form with contact information of 2 relatives & 2 references (non-related)
• Tax Registration Number (Business & Individual)
• Valid ID (Driver’s License, Voter’s ID, COK ID)
• Passport-sized Photograph
• Recent utility or any other bill in member's name with current address (Proof Address)
• Assignment of Life Insurance Policy (if required)

Guarantor (if applicable):
• If self-employed, financials prepared by a Certified Chartered Accountant (stamped):
• Income & Expenditure Statement
• Balance Sheet
• Cash Flow Statement and Cash Flow projections (for at least three years)
• Credit Reference
• Print-out of Savings/Current Account Transactions for at least 12 months or updated Bank Book

• Tax Registration Number (Business & Individual)
• Valid ID (Driver’s License, Voter’s ID, COK ID)
• Passport-sized Photograph
• Signed Guarantor Form witnessed by a Justice of the Peace
• Recent utility or any other bill in guarantor's name with current address (Proof Address)

Application Process

N/A

Other Information

The collateral accepted is:
• Motor Vehicle
• Property
• CSV on Insurance Policy
• Stocks/Bonds

COK Sodality Co-operative Credit Union Limited

This financial entity seeks to improve the well-being of their members by providing savings opportunities, affordable credit and other financial products to.

COK Sodality Co-operative Credit Union Limited

66 Slipe Road,
Kingston 5, Jamaica

(876) 960-4226

REQUIRES COLLATERAL

Yes

ANNUAL REVENUE

N/A

Eligibility

Check out PSOJ on Instagram!

  • Black Instagram Icon
Group 110.png

All Rights Reserved. © Small Business Portal 2021

Get in touch

Thank you for using the Small Business Portal! We would love to receive your feedback! You can reach out to us through our contact form.

If you are a funder, trainer, or business support provider and you'd like to to be on our website, you can fill out this form.

  • White Twitter Icon
  • White Facebook Icon
  • White Instagram Icon
  • White YouTube Icon