Lending Criteria
At The Cherry Tree Trust, our commitment is to empower entrepreneurs who may not qualify for traditional financing, through character‑based support, low‑interest loans, and mentorship. To ensure fairness, transparency and impact, applicants must meet the following criteria:
Who can apply?
Must be 18 years or older.
Must operate a registered business or present a viable business plan for a new enterprise.
Your business should employ no more than 10 people.
Annual revenue (or projected turnover for a new business) should not exceed BBD $500,000.
Collateral is not required. We believe in backing people, not just assets.
Loan terms at a glance:
Startup businesses (less than 12 months trading): Up to BBD $15,000.
Established businesses (trading for at least 12 months): Up to BBD $25,000.
Repayment period: Up to 5 years, fixed interest rate of 5%.
As part of our approach, every approved applicant is matched with a dedicated mentor through our Mentorship Programme.
What we look for:
We seek entrepreneurs with vision, integrity and determination, not just business plans. An applicant’s character, commitment and potential for growth matter as much as the numbers. That is why we combine capital with coaching to support sustainable success.
Ready to get started?
Contact Us
Interested in working together? Fill out some info and we will be in touch shortly. We cannot wait to hear from you!