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About the loan
Check if you’re eligible
What you need to apply
Help & FAQs

Check if you are eligible to apply

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

Answer the quick questions below to determine eligibility!

"*" indicates required fields

Are you the owner of a registered business operating in Trinidad & Tobago as at January 1st 2020?*

Yes

No

What type of business is it?*

Sole Trader

Partnership

Limited Liability Company

Is the annual revenue of this business between TT$500,000 and TT$25 million?*

Yes

No

Has your business paid VAT to the end of December 2021 or is making arrangements to settle outstanding statutory obligations with the BIR?*

Yes

No

Has your business filed taxes for 2021 or is making arrangements to settle outstanding statutory obligations with the BIR?*

Yes

No

Are National Insurance Scheme contributions for your employees up to date as at December 2021?*

Yes

No

We're sorry!

Unfortunately you are not eligible to apply for this loan at this time.

Unfortunately only the owner of a registered business in Trinidad & Tobago as at January 1st 2020 can apply for this loan.

This loan is only open to businesses who have an annual revenue between TT$500,000 and TT$25 million.

This loan is only open to businesses who have paid VAT to the end of December 2021.

This loan is only open to businesses who have filed taxes to 2021.

This loan is only open to businesses who have made National Insurance Scheme contributions for employees up to date as at December 2021.

Great news!

Congratulations, your business is eligible to apply for the SME Development Financing Facility. First, let's check you have everything ready!

The following documents are required to be uploaded throughout the application process, so please take this time to ensure you have digital copies of everything ready to upload.

Sole Trader Document Requirements

Certificate of Registration*

Yes

No

Vat Registration*

Yes

No

Board of Inland Revenue (BIR) Registration*

Yes

No

NIS Compliance Certificate*

Yes

No

Evidence of being up to date up to the year ended 31st December, 2021 with payments for taxes and VAT or a letter from BIR indicating that appropriate arrangements with the BIR to settle the obligations*

Yes

No

Two (2) forms of valid National Identification*

Yes

No

Proof of Address for Owner (not older than 3 months)*

Yes

No

Evidence of Trading Address (if different from the proof of address above)*

Yes

No

Audited Financial Statements / Management Accounts for two (2) years*

Yes

No

Cash Flow Projections for one (1) year*

Yes

No

If unavailable, please complete our Cash Flow Projections template (refer to First Citizens Cash Flow Template).

Proof of registration with the FIU (as applicable for a listed business)*

Yes

No, this is not applicable

License/permit to operate the type of business (as applicable)*

Yes

No, this is not applicable

Personal Financial Statement for the Owner*

Yes

No

Please click here to download the form.

Partnership Document Requirements

Certificate of Registration*

Yes

No

Vat Registration*

Yes

No

Board of Inland Revenue (BIR) Registration*

Yes

No

NIS Compliance Certificate*

Yes

No

Evidence of being up to date up to the year ended 31st December, 2021 with payments for taxes and VAT or a letter from BIR indicating that appropriate arrangements with the BIR to settle the obligations*

Yes

No

Two (2) forms of valid National Identification for each Partner*

Yes

No

Proof of Address for all Partners*

Yes

No

Evidence of Trading Address (if different from the proof of address above)*

Yes

No

Audited Financial Statements / Management Accounts for two (2) years*

Yes

No

Cash Flow Projections for one (1) year*

Yes

No

If unavailable, please complete our Cash Flow Projections template (refer to First Citizens Cash Flow Template).

Proof of registration with the FIU (as applicable for a listed business)*

Yes

No, this is not applicable

License/permit to operate the type of business (as applicable)*

Yes

No, this is not applicable

List of Current Receivables and Payables*

Yes

No

Partnership Agreement*

Yes

No, we don't have a partnership agreement document

If none exists, this must be stated in the letter of request document.

Borrowing resolution*

Yes

No

Personal Financial Statement for each Partner*

Yes

No

Please click here to download the form.

Limited Liability Company Document Requirements

Two (2) forms of valid National Identification for all Directors, Shareholders and Account Signatories*

Yes

No

Certificate of Incorporation/ Continuance*

Yes

No

Articles of Incorporation/ Continuance*

Yes

No

Vat Registration*

Yes

No

NIS Compliance Certificate*

Yes

No

Evidence of being up to date up to the year ended 31st December, 2021 with payments for taxes and VAT or a letter from BIR indicating that appropriate arrangements with the BIR to settle the obligations*

Yes

No

Board of Inland Revenue (BIR) Registration*

Yes

No

Notice of Directors and Secretary*

Yes

No

Notice of Address*

Yes

No

Company By-Laws*

Yes

No, our company does not have 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)*

Yes

No, this is not applicable

License/permit to operate the type of business (as applicable)*

Yes

No, this is not applicable

Information on identity of shareholders holding 20% or more of paid up share capital including one (1) form of valid national identification*

Yes

No

This 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 two (2) years*

Yes

No

Cash Flow Projections for one (1) year*

Yes

No

If unavailable, please complete our Cash Flow Projections template (refer to First Citizens Cash Flow Template).

Company Resolution*

Yes

No, this is not applicable

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 each Director*

Yes

No

Please click here to download the form.

Borrowing resolution*

Yes

No

Up to date Annual Returns*

Yes

No

List of Current Receivables and Payables*

Yes

No

THIS LOAN IS AVAILABLE THROUGH FIRST CITIZENS

What to do next?

See who can apply
Check if you’re eligible
Check what you’ll need

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