Business Loan Requirements

• Business registration documents
• Estimate/Invoices evidencing loan purpose
• Last 12 months' Bank Statements (if accounts are at other banks)
• Last three (3) years' audited Financial Statements (if available)

• Draft/In-house accounts for current year (if audited accounts are not available)
• Detailed Cash Flow Projection – monthly for the first twelve (12) months and quarterly thereafter for the remaining period of the loan. The Cash Flow Projections should also include the relevant notes/assumptions.
• Valid Tax Compliance Certificate.
• Letter of Good Standing from the Companies Office of Jamaica (only applicable for companies)
• Valuation report for asset being pledged as collateral (Note that NCB uses an approved list of valuators)
• Surveyor report for residential or commercial properties being pledged as collateral (Note that NCB uses an approved list of surveyors)
• Copies of Certificates of Title for asset(s) being offered as collateral
• Detailed aged listing of receivables and payables (if available)

NCB Commercial Motor Vehicle Loan

• Copy of Motor Vehicle Registration Certificate
• Copy of Motor Vehicle Certificate of Fitness
• Copy of Motor Vehicle Comprehensive Insurance policy with Bank's interest noted
• Valuation Report (New vehicles excluded)
• Vehicle Pro-Forma Invoice

See below for printable/additional details:

 NCB Business Loan Requirements

 NCB Approved List of Valuators & Surveyors