What is the MME Loan?
At Republic Bank, we are dedicated to helping small businesses thrive. Our unsecured MME Loan is specially designed to support mini and micro enterprises across all business sectors, including startups. This loan aims to empower micro and mini businesses to achieve sustainability by offering easier access to traditional bank lending and integrating them into the formal economy. Notably, this loan does not apply to NGOs and SPCs.
With the MME Loan, customers can borrow up to $12,000.00, ensuring they have the financial backing needed to fuel growth.
Who can Apply?
MMEs that typically do not satisfy RBL’s regular lending conditions, such as those who, lack collateral, have no history of banking or borrowing record and cannot provide financial documents or records.
Rates and Fees
• Competitive Rates
• Term up to 5 years
• Fees: 1% of Loan amount
How to Apply
What you will need:
Before visiting our Branches, ensure you have the following documents:
• Government Identification.
• Proof of Address.
• Valid Trade License or Business Registration
• Evidence of business operations (Bills/Receipts)
Contact us at 1-284-494-2526 or email us at republicbank.bvi@rfhl.com.
Click below to apply online in just 5 minutes and we will contact you within two (2) business days.
This fantastic offer expires on September 30, 2024, so take advantage of it today!