Start or Expand your Business

With our Business Loans

Turn your dream into a reality

Business loans in Jamaica

#1 Pick for Business Loans in Jamaica

Business loans in Jamaica has always presented its challenges. Torpedo believes in the entrepreneurial  of Jamaicans and so we have been working hard to develop business loan solutions that are easy and affordable for your micro, small or medium sized business. 

Why Choose Torpedo for Your Business Loan?

Staff Recruitment

Get the people you need to help your business run and grow


Purchase inventory to add to your existing products and services to sell

Acquire Assets

Assets help your company to make more money in the long run

Frequently Asked Questions
  • Torpedo Loan offers amazingly low interest rates and flexible repayment options. To apply for a loan all you need to do is click here or "APPLY NOW" in the menu, pay the application fee and then Fill out all the applicable information. We will then reach out to you if you qualify for the next step to visit our friendly staff at any one of our Islandwide branches. Bring along your:

    • TRN
    • ID
    • Photograph of yourself 

    We offer two processing options, 2-3 days processing for $5,000 and 5-7 days processing for $3,000. Once your loan is processed you will be immediately contacted by one our representative to update you on your loan status

Why should I choose Torpedo Loans for my Business loan? 

What are the business requirements to get a loan? Years active etc. 

How many years to repay a business loan? 

What are the requirements to get a business loan?

What documentation is required to apply for a business loan? 

How long does it take to get a business loan approved? 

How to make loan payments ? 

Do I need collateral? 

Torpedo's Favourite Reasons for Starting a Business:

Be your Own Boss! This means flexible hours, flexible ways to spend your own money and grow the business in a way that reflects your dreams and aspirations. But remember, with freedom comes responsibility!

Improving the Lives of Others. When you start a business, this often means you have to hire people. This provides new opportunities for others to make a living.

Increase your Earning Potential. Starting your own business successfully, means earning more than when you worked for someone else. But to get there you have to be willing to work hard for yourself (sometimes 80 hours a week), so you don’t have to work 40 hours a week for someone else. 

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