Get the help you need
Do you own a small business? Are you passionate about your business and want to see your business grow? If so, chances are you could need just a little help.
Whether you need working capital or new equipment, let us give you a helping hand.
MicroLoans by Court Ready Cash offers affordable rates on microloans islandwide.
It’s Easy, Affordable, and Flexible.
Apply today and we will give you the help you need.
Apply for micro finance at these locations
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Courts Ready Cash
Micoud Street, CastriesOpening Hours
Monday — Friday: 8:30AM – 4:00PMSaturdays & Sundays: Closed
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Courts Ready Cash
Louisville Street, Vieux FortTel: +1 (758) 475-8100 Ext. 4519/20/21Opening Hours
Monday — Friday: 8:30AM – 4:00PMSaturdays & Sundays: Closed
Frequently asked questions
MicroLoans by Courts Ready Cash is a product offered by Ready Cash, a Unicomer brand that seeks to offer financial solutions and capacity building to micro-businesses in St. Lucia
MicroLoans are available to:
- Individuals looking to start their own business in any industry
- Business owners in any industry looking to expand their business
MicroLoans are accessed on a personal basis depending on the needs of the small business owners. For this reason, the requirements vary depending on the customer’s unique situation. Basic requirements include:
- 2 forms of IDs
- Proof of address
- 2 References
- Proof of business
The interest rate is varied and ranges from 27% – 35%. Special rates are offered to female entrepreneurs as we acknowledge the need to empower women.
- Customer comes in with the required documents.
- Verification is done with the contracting body (engineer or project manager).
- Contract Assignment Form is given to the contractor to sign and stamp at the contracting body
- Upon return of stamped documents loan is approved
- Loan to be done in phases by cheque
- Site-visit should be conducted on a regular basis
- Communication should be maintained with the project supervisor/ engineer to ensure works are being done as per contract.
MicroLoans payment terms are flexible and convenient. Customers can choose to pay within three to twenty-four months.
There are no penalties for early settlement however they are rewards that are reserved for customers who chose to pay their loans within the agreed contract period.
The maximum amount allowable for a MicroLoan is US10,000.
Customers are required to sign a promissory note which details the terms and conditions of the loan.
No, your business does not have to be registered in order to qualify for a loan.
Contact us
Use your Courts Ready Finance at any of our locations
