Financing solutions / Micro Business Loans
Micro Business Loans
Turn your business ambitions into reality with financing solutions designed to help entrepreneurs start, operate and grow successful businesses. Whether you’re launching a new venture, purchasing commercial equipment or expanding an existing operation, First Union Financial is committed to supporting your journey.
Flagship programme
Employees’ Side-Hustle Programme
Designed specifically for employed individuals seeking to establish or grow an additional source of income while maintaining full-time employment. The programme provides financing to support viable business ventures across a wide range of industries.
Suitable for
Existing Side-Hustle Financing
Finance equipment, inventory, tools and other business needs to establish or expand your side hustle while remaining employed.
Start-Up Business Financing
Funding designed to help aspiring entrepreneurs launch new businesses with confidence through practical and affordable financing.
More financing solutions
Five more ways to finance a business
All are available under the Micro Business Loans programme. Requirements are the same across them — see below.
Commercial Vehicle Financing
Finance commercial vehicles required to support business operations, logistics and transportation services.
Suitable for
- Company Vehicles
- Delivery Vans
- Pick-Up Trucks
- Commercial SUVs
- Fleet Expansion
Public Passenger Vehicle (PPV) Financing
Financing solutions designed for licensed public passenger vehicle operators seeking to purchase or upgrade vehicles used for public transportation.
Suitable for
- Route Taxis
- Hackney Carriages
- Public Buses
- Charter Operations
Commercial Tipper Truck Financing
Finance tipper trucks to support construction, hardware, agriculture and transportation businesses.
Suitable for
- Hardware Deliveries
- Aggregate Transport
- Construction Materials
- Farming Operations
- Equipment Haulage
Water Distribution Business Financing
Designed for entrepreneurs interested in establishing or expanding bottled water and ice production or distribution businesses.
Suitable for
- Bottled Water Production
- Ice Manufacturing
- Water Delivery Services
- Water Purification Businesses
Business Expansion Financing
Helping existing businesses increase capacity through the purchase of equipment, inventory, machinery and other operational resources.
Suitable for
- Equipment Purchases
- Inventory Expansion
- Working Capital
- Business Growth Projects
- Operational Improvements
Before you apply
What you’ll need
What you’ll need to apply
Business loan requirements are confirmed by a loan officer during your application. Contact us or visit any branch to find out what applies to your business.
How to apply
- Choose the financing solution that fits your business and review the requirements above.
- Open the Apply Now form and submit your initial information.
- A First Union Financial representative will contact you regarding documents and next steps.
Work out the repayment
See what a loan costs before you apply
Enter an amount and a term in the loan calculator to estimate your repayment, or speak with a loan officer at any branch.
Ready to grow your business?
Apply online in a few minutes, or visit any branch or authorized agent islandwide.
Maximum financing amounts and repayment terms shown are the upper limits for the Micro Business Loans programme. The amount you qualify for is determined by an assessment of your financial standing.