POS Merchant Loan

overview

 

Loans

 

POS merchant loan
 
Are you a business owner with a Point Of Sale machine?

Once you’ve been in business over 2 years and have a minimum of $400,000 debit/credit card revenue over the past 6 months, you automatically qualify for an affordable Point of Sale Merchant Loan.

features and benefits

features and benefits

Features & Benefits:

  • Borrow up to 9 times your monthly settlement*
  • No financial statement required*
  • Get a pre-approved Sagicor Bank MasterCard Business credit card
  • Fast approval

FAQs

steps

Two (2) easy steps to access your POS Merchant Loan:

  1. Email your request to [email protected] and a business Banker will be in touch with you or;
  2. Visit your nearest Sagicor Bank and or call 888-SAGICOR and ask to speak with a Business Banker

Required documents:

  • 6 months bank statements
  • 6 months Merchant POS receivables statement
  • Audited financials or cash flow projections for amounts over established limit of JMD$10M
  • Any other documents deemed necessary by the bank

 

Get access to affordable financing, meet your everyday expenses and save for the future with Sagicor Bank.

We’re here to help! Please click on the icon below or to the bottom right of the page to speak to a representative.

*Conditions apply: Maximum of $10M without financials. 
Loan amounts may vary based on debit/credit card revenue. 
**Limited time offer.