FAQS – Small Business Loan

  1. What is the LFSL Small Business Loan?

The small business loan is our latest loan offering specifically designed for small to medium business persons to grow or expand their small businesses.

  1. Where are the loans available?

We provide loans for small business persons at any of our three loans locations: LASCO Financial Services, Red Hills Road, LASCO Financial Services, Papine and our most recent location Service Pharm located at 22 West Parade, Down Town Kingston.

  1. Who is the small business loan for?

The small business loan is geared towards self-employed entrepreneurs such as vendors, shopkeepers, cook shop owners , farmers, taxi operators, bar owners, that may need a boost for their businesses.

  1. How do I qualify for a small business loan?

o   Must be 18 – 65 years of age

o   Be in business for at least 6 months

o   Have good credit history and character

o   Completed Application Form

o   Passport Picture (certified by JP)

o   Valid ID (National ID, Passport or Driver’s License)

o   Proof of Address (Utility Bill, etc)

o   Proof of Business Ownership

o   Reference Letter (JP, Pastor, School Principal, Senior Police Officer)

o   Collateral