FinanceOpportunities | CE Intelligence

Finance Opportunity

Opportunity Id

Finance Provider

Finance Type

Loan Commercial

Description Of Service

The purpose of this facility is to assist micro entrepreneurs to capitalize on seasonal opportunities for revenue generation.

Loans are available to qualified applicants for the following events:

Amount Lower Limit

Not Specified

Amount Upper Limit

$150,000.00

Payback Period

Maximum 10 weeks

Security Required

Collateral accepted:

Receipts for Household appliances and furniture to be used as Collateral e.g. (TV, Stove, Washing Machine, Fridge, Freezer, Component set, Sofa, Dining Table, Chest of Drawers) or a Asset Declaration form, signed and sealed by a Justice of the Peace (JP)
Hypothecation of Deposit
Equipment used in business
Motor Vehicles

Deposit Required

Currency

JMD

Qualification Criteria

Requirements:

Valid Identification (passport, National ID or drivers’ license)
Tax Registration Number (TRN)
2 recent passport size photographs
2 valid Written Recommendations (Justice of the Peace (JP), Minister of Religion, School Principal or Senior Police Officer)
- The letters must be:
- Dated
- Addressed to JN Small Business Loans 32 1/2 Duke Street, Kingston
- Recommending you for a loan
Client must be over 18 years of age
Permits or Licenses where necessary e.g.
- shops & bars (food permit & spirit license),
- cook shop (food handlers’ permit),
- chicken farm (food handlers’ permit),
- Hairdressers & Barbers (Hairdressing/Barbering/Cosmetology licenses).

Administrative Contact

Mrs. Thelma Yung, Deputy General Manager

Email: tyony@jnbs.com

Telephone Numbers

876-948-7454/5

Email Address

jnsblinfo@jnbs.com

Website Link

http://www.jnsbl.com/biz-events/

Additional Information

Processing fee of $2,330 is charged upon disbursement of loan.

Valid From

Valid To

Eligible Countries

Jamaica