Financing solutions / Micro Business Loans / Business Expansion Financing
Business Expansion Financing
Financing for existing businesses seeking to increase operating capacity, improve efficiency or pursue growth opportunities through equipment, machinery, inventory, working capital and other approved business investments.
Suitable for
What you can finance
Before you apply
What you’ll need
TRN
Tax Registration Number
Identification
Valid Jamaican government-issued ID
Photographs
Two passport-size photographs
Proof of address
Document in the applicant’s name, no older than three months
Business registration
Valid business name or company registration documents
Business history
Evidence that the business is currently operating
Banking
Last six months’ business bank statements
Financing purpose
Quotations, invoices or a detailed breakdown of how the funds will be used
Repayment capacity
Cash-flow projection showing the business’s ability to meet the proposed repayments
Security
Equipment, vehicle or other acceptable collateral, where applicable
Ready to expand?
Grow your capacity with the right financing
Start your application in a few minutes, or work out your repayment first with our loan calculator.
The amount you qualify for is determined by an assessment of your financial standing. Requirements are confirmed by a loan officer during your application. First Union Financial Company Limited is licensed under the Microcredit Act.