Error message

Deprecated function: The each() function is deprecated. This message will be suppressed on further calls in _menu_load_objects() (line 569 of /home/findmsmefinancing/public_html/includes/menu.inc).

Micro Business Loans

Opportunity ID: 
SUFS-2016-27
Institution Type: 
Private Sector
Institution: 
Sure Financial Services
Type of Financing: 
Loan
Name of Product: 
Micro Business Loan
Product Description: 
SURE provides Micro Business Loans to persons who have been operating a micro business for more than six (6) months. Loan amounts ranging from $10,000 to $400,000. This loan may be used for working capital support or to facilitate the purchase of fixed assets. Loans are used by micro entrepreneurs involved in agriculture, manufacturing, trading, and service sectors.
Target Industry: 
Small/ Medium Size Businesses
Industry of Focus: 
Agriculture, manufacturing, trading, and service sectors
Regional Focus: 
St.Thomas, Kingston, St.Catherine, Clarendon, Westmoreland and Hanover
Minimum Amount: 
$10,000
Maximum Amount: 
$400,000
Currency: 
Jamaican
Tenure: 

1 - 12 months

Secured or Unsecured: 
Unsecured
Minimum Interest Rate: 
24%
Interest Rate Type: 
Fixed
Repayment Cycle: 
Monthly
Qualification Criteria: 

The micro business should be operating for more than six (6) months. The applicant should present: Two (2) passport sized photographs, two (2) references addressed to Sure Financial Services, List of itemss to be purchased, Copy of purchase receipts, TRN, Valid ID ( Driver's License, Voter's ID or Passport), Copy of last two (2) Utility Bills, requisite permit to operate your business, Collateral details (if required).The Guarantor should possess: Passport sized photograph, Job letter addressed to Sure Financial Services Ltd, Three (3) last salary slips, TRN, Valid ID, Copy of utlity bill

*Loan unsecured up to $200,000.

Contact: 

Tele: 734-7873/ 918-0228/ 986-2680

E-mail: info@surefinancejm.com

Maximum Interest Rate: 
48%
Moratorium Period: 
None
Fees: 
3% processing fee
Penalties: 
$100.00 daily
Total votes: 423