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About This Loan
The Small Business Loan can be used for any business related purpose, including: Working Capital, Business Enhancement/Improvement or Retail Trade. It is offered in 2 categories: Micro Business Loan and Regular Business Loan. Qualification for this loan is based on the nature of the business, the number of employees and financial turnover or cash flow.
What You Need To Know
Up To
Unlimited
in Available Funds
10 years
To Repay
Up To
3 - 5 Working Days
Avg. Approval Time
As Low As
8.49%
Interest Rate
Up To
Additional Information
Who is This Loan Primarily For?
Cornwall County-based Jamaican Micro Businesses that wish to grow/expand
Cornwall County-based Jamaican Small Businesses that wish to grow/expand
Cornwall County-based Jamaican Startup businesses
Do I Need Collateral To Apply For This Loan?
Yes, the assets of the business or business owner will be required as security for the loan.
Minimum Amount Disbursed For This Loan?
$100,000
What Are The Requirements To Apply For This Loan?
Business Plan/Proposal
Location of Business/Tenancy Agreement
License of Permit
Business Registration Certificate
Income and Expenditure Statement From a Certified Accountant
Pro Forma Invoice for Equipment or Material to be Purchased for The Business
Contractors Estimates For Any Form of Construction
Valid ID & Passport Size Photograph
Collateral (Real Estate, Motor Vehicle, Cash Surrender Value of Life Insurance or Cash Guarantees)
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STILL NOT SURE?
Deciding whether Gateway is the right partner for your loan? We know that this is a long-term decision, and we want to ensure that you are fully informed going into this commitment with us.
Learn more about this opportunity by chatting with our agent, or by visiting our Frequently Asked Questions.
