Financing solutions / Micro Business Loans / Commercial Vehicle Financing
Commercial Vehicle Financing
Financing for entrepreneurs and established businesses seeking to purchase commercial vehicles for transportation, delivery, logistics and other income-generating operations.
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 information
Business registration documents or evidence of the applicant’s income-generating activity
Banking
Last six months’ business or personal bank statements
Vehicle documentation
Pro forma invoice or quotation from the vehicle supplier
Valuation
Valuation report no older than six months for a used vehicle
Insurance
Comprehensive insurance quotation and coverage requirements
Security
Vehicle being purchased, with First Union Financial Company’s lien noted and confirmed
Other
Letter of undertaking and insurance endorsement, where applicable
Ready to get on the road?
Finance the vehicle your business runs on
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.