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Small Business Loans Jamaica

Looking for a small business loan in Jamaica? AIM Financial's Small Business Loan may just be what you need to take your business to a higher level. Our microloan can help you to upgrade your small business, restock your store, or buy new equipment. 

Get a small business loan from Aim Financial. Borrow up from $20,000 up to $1.5M secured, with up to 18 months to repay. 

Who is Qualified?

  • Self-Employed Individuals
  • Small Business Operators

Business Requirements

  • Proof of business existence for at least two (2) years (Registration Certificate/Bills/Expired Licenses etc.) 
  • Proof of borrowing history with other institutions (Statements) 
  • Bank statements  for the last 6 months  (for businesses in the Manufacturing/Production Industry)
  • Annual/GCT Returns (if applicable)
  • Proof of business address in the name of the applicant (2 utility bills from 2 different companies.)
  • Proof of Sales and Purchases 
  • Previous Borrowing History with AIM  (In good standing)
  • Current Proof of licence to operate (Food handlers/ spirit etc. - as applicable)
  • Proof of ownership/rental/Permission to lease (Property on which business operates.)
  • Site Visit (Inspection date to be agreed on)

Applicant Requirements:

  • Valid ID & TRN
  • Proof of home address in the name of the applicant (2 utility bills from 2 different companies.)
  • 2 Passport-sized pictures
  • 2 written character references (with contact information) from ANY of the following:
    • Minister of Religion or Justice of the Peace
    • Principal /Teacher/Lecturer
    • Superintendent of Police
    • Professional – Doctor, Lawyer, Chartered Accountant, Dentist
    • Bank Manager
    • Employer – Supervisor or higher.
  • 20% Deposit (of the loan amount payable upon approval)
  • 10% Partner (of the loan amount – payable with each repayment instalment) – (After approval)​​​

Note:  20% Deposit and 10% Partner are reimbursable/transferable to new loan

Guarantor Requirements (if applicable):

  • TRN
  • Photo ID
  • Pay slips for the last three months
  • Proof of address (recent utility bills from at least two separate companies)
  • Must be currently employed for at least one year with a recognisable company that does salary deductions
*Conditions apply

Apply Online Now!

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