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

Ready Cash Loan

Scotia DBG Merchant Bank’s (Scotia DBG MB's) Ready Cash Loan is ideal for individuals in need of a loan, but who would like to retain their current deposit portfolio. This loan facility is offered to both existing and potential clients and can be accessed for both personal and business purposes.

What is the minimum loan amount?

The minimum loan amount required for a Cash Secured Loan is J$300,000.00.

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

The maximum tenure for a Ready Cash Loan is 36 months.

What is the availability of the loan?

You automatically qualify for a loan amount that ranges from 85% to 95% of the value of your deposits with us, depending on the currency. Our Credit Officers will meet with you individually to determine your needs.

How is the rate of interest determined?

The interest rate is attractively priced based on a variable margin over your deposit rate, on 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 a Ready Cash Loan. Come in and speak with one of our Credit Officers today.