Productive/Business Loans
Our productive loans can be used by members to generate income, create or sustain employment, and provide goods and services for the local & export markets. 

Let us help you grow your small business or bring an idea to life.


  • Low interest rate 
  • No loan processing fees. No hidden charges
  • 100% financing up to $150,000 
  • Grace period of up to three (3) months on payment of principal, if needed
  • Up to ten (10) years to repay
  • Loan protection coverage up to $150,000 at no cost to you

Sectors Funded: 

  • Tourism,  Agriculture, Fisheries, Services,  Agro-processing, Trading  Manufacturing, Retail, Construction, Information technology
  • Technical assistance and training



To apply simply come in to our Loans Department and talk to the Business Development Officer (BDO) or save time, call and make an appointment with the BDO.

Here's a checklist of items you'll need to provide us with: 

  • Business financial statements ( for existing businesses)
  • Business plan including cash flow projections for 3 years
  • Certificate of Incorporation or Business Registration certificate 
  • A minimum of 10% of the loan request as Security savings
  • Invoices (documentation) to support your application 
  • Details of security being offered
  • Details of your liabilities and commitments (loans, hire purchase, household expenses)
  • NCCU passbook(s) and photo identification (eg. Social Security Card or passport)
  • if the approved loan is $77,000 and more or if you are 50 years and older, a medical examination is necessary for loan protection coverage. 
For loans for Agricultural Land: 
In addition to the above you will need: 
  • A letter of intent to sell from the property owner or real estate agent
  • Current market Valuation of property
  • Plan of the land 
  • Copy of vendor's Certificate of Title and if necessary, a letter from a bank or lawyer indicating the title can be released


All loans are subject to NCCU’s Loan Policies and approval procedures

To find out details on what can be used as security click here.