Small Business Loan

The Small Business Loan was established to foster and support the spirit of entrepreneurship among our members.

10% Share Requirement.

Up to 18 months to repay.

Flexible Repayment Cycle (weekly, fortnightly or monthly).

Affordable interest rates.

Maximum loan amount of $100,000.00 per member.

Up to three (3) members may be granted separate loans towards the same project.

This loan may be granted for any business related activity.

*Conditions Apply

Requirements For All Loan Applications

• Job Letter
• Last three (3) month’s payslips
• Financial Statements (self-employed individuals)
• Verification of purpose
• Id (Passport, Driver’s Licence or National ID)
• Taxpayer’s Registration Number (TRN)
• Credit Union passbook

You may need one or more of the following depending on the type of loan being applied for

1. Valuation Report
2. Motor Vehicle Title, Fitness & Registration/ C87
3. Quotation of Comprehensive Insurance
4. Registered Title
5. Surveyor’s Id Report
6. Certificate of Payment of Taxes
7. Character Reference
8. Credit Reference
9. Guarantor(s)