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Finance Opportunity

Opportunity Id
 
Finance Provider
National Commercial Bank Ja Ltd  
Finance Type
Loan Commercial  
Description Of Service

If you are an NCB business customer for at least 1 year, you can access funds for short-term needs in the form of a loan &/or overdraft with a payment holiday feature available if needed.

 
Amount Lower Limit
Not Specified  
Amount Upper Limit
$5,000,000.00  
Payback Period
Maximum 36 months  
Security Required

No collateral required.

 
Deposit Required
 
Currency
JMD  
Qualification Criteria

Requirements:

  • Business registration documents
  • Estimate/Invoices evidencing loan purpose
  • Last 12 months' Bank Statements (if accounts are at other banks)
  • Last three (3) years' audited Financial Statements (if available)
  • Draft/In-house accounts for current year (if audited accounts are not available)
  • Detailed Cash Flow Projection - monthly for the first twelve (12) months and quarterly thereafter for the remaining period of the loan. The Cash Flow Projections should also include the relevant notes/assumptions.
  • Valid Tax Compliance Certificate.
  • Letter of Good Standing from the Companies Office of Jamaica (only applicable for companies)
  • Detailed aged listing of receivables and payables (if available)
 
Administrative Contact

Audrey Tugwell Henry, Senior General Manager for Retail Banking at NCB

 
Telephone Numbers
1-888-622-3477  
Email Address
ncbinfo@jncb.com  
Website Link
https://www.jncb.com/business/sme/businessloanscreditfacilities  
Additional Information
 
Valid From
 
Valid To
 
Eligible Countries
Jamaica