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.

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.

Get the Help You Need With Contract Financing

Even if you have all the expertise needed to complete a job, the lack of funding can significantly reduce your chances of successfully completing the project within the prescribed timelines. Contracting financing is for companies and individuals who have been awarded a contract and require funding to fulfill the agreement.

With MicroLoans by Courts Ready Cash, we are here for you and will help you with the working capital you need even in these hard economic times.

What is Contract Financing?

Contracting financing is for companies who have been awarded a contract however they do not have the funds available to fulfill the agreement.

It is a loan product designed to facilitate the financing of contracts issued by Government and statutory bodies. This allows the contractor to have access to funds before the cash is issued by the statutory body which can be used for mobilization and getting the project started.

  • Valid contract (stamped and signed)
  • A valid I.D. (Passport, Driver’s Licence, or National I.D.)
  • Proof of Address – a recent utility bill (Electricity, Water, Telephone, or Cable bill)
  • Breakdown of proposed Expenditure (Open Bill, Invoices, etc)

Apply for Micro Finance at these locations

  • Courts Ready Cash

    Micoud Street, Castries

    Opening Hours

    Monday — Friday: 8:30AM – 4:00PM
    Saturdays & Sundays: Closed
  • Courts Ready Cash

    Louisville Street, Vieux Fort
    Tel: +1 (758) 475-8100 Ext. 4519/20/21

    Opening Hours

    Monday — Friday: 8:30AM – 4:00PM
    Saturdays & 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 US$10,000.

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.

Use Your Ready Finance Credit at any of our Locations

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