Overview
Business loans are given at the SPCCU for working capital or starting capital of the business.
Commercial loans
Business Loans
Want to be an entrepreneur?
- Interest rate
- 10%
- Repayment period
- Up to 5 years
- Maximum amount
- By categorysee table below
Who is this for?
Entrepreneurs and registered businesses needing working or starting capital.
Maximum loan amounts by business category
| Category | Maximum |
|---|---|
| Wholesale and retail | $150,000 |
| Commercial vehicles | $200,000 |
| Equipment (new, used) | $100,000 – $135,000 |
| Agriculture – inputs | $50,000 |
| Agriculture – exports | $50,000 |
| Agriculture – secondary | $100,00 |
| Construction – working capital | $50,000 |
| Manufacturing | $50,000 |
| Tourism | $50,000 |
| Professionals | $50,000 |
| Services (e.g. salons, brokers) | $50,000 |
| Creative industries – music, ICT, consulting | $50,000 |
| Other business | $50,000 |
| Line of credit | $100,000 |
Required documents
Tick each document as you gather it. Your ticks are saved on this device only. Subject to SPCCU Ltd terms and conditions; enquire at branch.
Estimate your repayment
Pre-filled with the published rate and longest repayment period for this loan.
Estimated monthly repayment
- Total repaid
- —
- Total interest
- —
An estimate only, using a standard reducing-balance formula. It is not an offer of credit. Your rate, term and repayments are confirmed by a Loans Officer and subject to SPCCU terms and conditions.
How to apply
- Check the requirementsReview the terms and the list of required documents on this page.
- Gather your documentsBring originals. A Loans Officer will tell you if anything else is needed for your situation.
- Speak with a Loans OfficerVisit us in Brades, call, or email the Loans Department to begin your application.