NOTE: THESE PRODUCTS ARE OFFERED THROUGH OUR SUBSIDIARY SCOTIA DBG MERCHANT BANK LIMITED

Asset Secured Loan

If you are in need of a loan, but lack the cash to secure it, explore Scotia DBG Merchant Bank’s (Scotia DBG MB's) Asset Secured Loan product. Scotia DBG MB will specify the assets that can be used, and the loan is available to both individuals and institutions.

What is the minimum loan amount?

The minimum loan amount for an Asset Secured loan is J$500,000.00.

What is the availability of the loan?

The availability of the Asset secured loan varies based on the type and value of the asset used to secure it. For further information, contact one of our client officers who will be happy to assist you.

Do I have a specific time period in which to repay the loan?

The tenure of an Asset Secured Loan is dependent on a number of factors including loan size, type of security and reason for the loan.

How is the rate of interest determined?

The interest rate is based on the markets’ prevailing rates, at the approval date of the loan.

How can I get started?

Our office is centrally located in New Kingston where our friendly staff is available to assist you in obtaining an Asset Secured Loan. Come in and speak with one of our Credit Officers today.