What you need to apply for the loan
An initiative of the Government of Trinidad and Tobago business support
Activate Your Business Development
FROM THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
Here's what you'll need to submit
In order to apply, you will need to submit digital copies of the following documentation, depending upon your business type.
Sole Trader
Partnership
Limited Liability Company
Sole Trader
- Certificate of Registration.
- VAT Clearance certificate as at December 2021.
- Tax Clearance certificate as at December 2021.
- NIS Compliance certificate as at December 2021 /Clearance certificate as at December 2021.
- NI 184 NIS form to validate the number of employees.
- Two (2) forms of valid National Identification.
- Proof of Address for Owner (not older than 3 months).
- Evidence of Trading Address (if different from the proof of address above).
- Audited Financial Statements/ Management Accounts for the last two (2) years.
- Cash Flow Projections for one (1) year (refer to First Citizens Cash Flow Template).
- Personal Financial Statement (refer to Personal Financial Statement Template).
- List of current Receivables and Payables.
- Proof of registration with the FIU (as applicable for a listed business).
- License/permit to operate the type of business (as applicable).
First Citizens Bank reserves the right to request any additional information/documentation if deemed necessary.
Partnership
- Certificate of Registration.
- VAT Clearance certificate as at December 2021.
- Tax Clearance certificate as at December 2021.
- NIS Compliance certificate as at December 2021 / Clearance certificate as at December 2021.
- NI 184 NIS form to validate the number of employees.
- Two (2) forms of valid National Identification.
- Proof of Address for Owner (not older than 3 months).
- Evidence of Trading Address (if different from the proof of address above).
- Audited Financial Statements / Management Accounts for the last two (2) years.
- Cash Flow Projections for one (1) year (refer to First Citizens Cash Flow Template).
- Personal Financial Statement of each Partner (refer to Personal Financial Statement Template).
- Partnership Agreement (If none exists, this must be stated in the letter of request).
- Borrowing resolution.
- List of current Receivables and Payables.
- Proof of registration with the FIU (as applicable for a listed business).
- License/permit to operate the type of business (as applicable).
First Citizens Bank reserves the right to request any additional information/documentation if deemed necessary.
Limited Liability Company
- Two (2) forms of valid National Identification for all Directors and Account Signatories.
- Certificate of Incorporation / Continuance.
- Articles of Incorporation / Continuance.
- VAT Clearance certificate as at December 2021.
- Tax Clearance certificate as at December 2021.
- NIS Compliance certificate as at December 2021 / Clearance certificate as at December 2021.
- NI 184 NIS form to validate the number of employees.
- Notice of Directors and Secretary.
- Notice of Address.
- Company By-Laws (If none exists, this must be stated in the letter of request).
- Proof of registration with the FIU (as applicable for a listed business).
- License/permit to operate in type of business (as applicable).
- Information on identity of shareholders holding 20% or more of paid up share capital including one (1) form of valid national identification.
- May be evidenced on the Company’s last filed Annual Return, or the letter of request signed by the Company Directors and/or Secretary stating this information.
- Audited Financial Statements/ Management Accounts for the last two (2) years.
- Cash Flow Projections for one (1) year (refer to First Citizens Cash Flow Template).
- Company Resolution.
- This represents the signed consent of all Directors & Secretary (or quorum of Directors) of the Company to open an account at the Bank, and affixed with the common seal/ stamp of the Company (if prescribed for use in the Company’s By-Laws). It must indicate the names of the authorized account signatories, their specimen signatures and specific signing authorities.
- Personal Financial Statement of Shareholders holding 20% or more of paid up share capital (refer to Personal Financial Statement Template).
- Borrowing resolution.
- Up to date Annual Returns.
- List of current Receivables and Payables.
First Citizens Bank reserves the right to request any additional information/documentation if deemed necessary.
Download a copy of the application checklist.
THIS LOAN IS AVAILABLE THROUGH FIRST CITIZENS