top of page

Unsecured Hurricane Loan

The Hurricane Loan Special insurance plan covers the cost of hurricane preparation and the potential damages.

Unsecured Hurricane Loan

About This Loan

About This Loan

Few Jamaicans make fiscal allocations for unexpected natural disasters. Gateway wants to be proactive in providing providing financing (both unsecured and secured loans) of a maximum of $200,000 to ensure the safety of the lives and properties of our members. This is a promotion that will be lasting from May 1 to November 30, 2019.

What You Need To Know

Up To

$1,500,000

in Available Funds

5 Years

To Repay

Up To

3 - 5 Working Days

Avg. Approval Time

As Low As

7%

Interest Rate

Up To

Important Information
Additional Details

Additional Information

Who is This Loan Primarily For?

Gateway Co-operative Credit Union Members/Shareholders who want insurance against hurricane damage

Cornwall County residents who want insurance against hurricane/tropical storm/storm damage

Cornwall County residents who want funds to protect their assets (car, house etc) against possible damage

Cornwall County parents who want funds to protect themselves and their family

Cornwall County residents who want funds to purchase hurricane related emergency supplies

Do I Need Collateral To Apply For This Loan?

No, this is an unsecured loan.

Minimum Amount Disbursed For This Loan?

$30,000

What Are The Requirements To Apply For This Loan?

You must be in a stable job position for at least 1 year. If you are self employed then you may be considered for this special only if you have an excellent internal credit history (at Gateway).


Taking the loan is only for hurricane preparedness, which includes but is not limited to:

  • purchasing of generators

  • storm shutters

  • garage doors

  • re-roofing/roof-reinforcement

  • plyboards

  • storage tank

  • clearing of property

Invoices for items to be purchased must be presented and payments made to institutions where necessary or applicable
$10,000 in shares at Gateway as well as acceptable collateral.

Promotion lasts from May 1 - November 30, 2020

Steps To Apply
Steps To Apply
1
1

JOSIE LANE

JOSIE LANE

StepIcon-Shareholder.png
StepIcon-Shareholder.png

This is dummy text that we need to replace

I'm a paragraph. Click here to add your own text and edit me. It's easy.

Our Team Stands Ready

If you're interested in any of our loans, we'll pair you with our expert member care representatives, who will work with you to understand how to bring you to the solution they need.

RhamonaSamuels.jpg
Media Gallery

Media Gallery

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.

Similar Opportunities

Similar Opportunities