Help and Frequently Asked Questions
An initiative of the Government of Trinidad and Tobago Coronavirus (COVID -19) business support
Activate Your Business Recovery
FROM THE GOVERNMENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO
This is a loan to be repaid within 5 years.
Yes. You are required to repay the principal, however no payments are required for the first 2 years.
No. Interest on this loan will be paid by the Government of the Republic of Trinidad and Tobago.
The loan amount is between TT$75,000 and TT$325,000 to finance salaries, operational expenses and purchase of inventory/raw materials.
Annual Revenues | Maximum Loan Amount |
$1,000,000 – $6,000,000 | $75,000 |
$6,000,001 – $10,000,000 | $76,000 to $150,000 |
$10,000,001 – $15,000,000 | $151,000 to $250,000 |
$15,000,001 – $20,000,000 | $251,000 to $325,000 |
The customer will be contacted and given an appointment to visit the branch for disbursement.
Please see here for details about all of the documents you will need to submit as part of your application.
Yes. All SMEs will have to provide a personal guarantee of up to 50% for the principal indebtedness and may also be required to provide security.
No. Upon approval of your loan, you will be required to open a First Citizens business chequing account and subscribe to eFirst.
Yes. We take this opportunity to update your existing records with us.
The loan proceeds will be comprised as follows: salaries, working capital, inventory/raw materials.
There will be other programmes available to you. Please visit www.finance.gov.tt for further information on relief initiatives.
Tobago business owners can consider the Tobago House of Assembly’s Enterprise Assistance Fund or The Enterprise Assistance Grant Programme.
Customers will be contacted within 2 business days of submitting their online application. Processing times will vary.
If unavailable, please complete our templates to show your Balance Sheet and Income Statement (refer to First Citizens Balance Sheet and Income Statement Template), and Cash Flow Projections for one (1) year (refer to First Citizens Cash Flow Template).
eFIRST is a business online banking platform by First Citizens. Details of the platform can be found here.
Please visit www.finance.gov.tt for further information on relief initiatives.
Tobago business owners can consider the Tobago House of Assembly’s Enterprise Assistance Fund or The Enterprise Assistance Grant Programme.

THIS LOAN IS AVAILABLE THROUGH FIRST CITIZENS