Access Financial Services Limited: Who They Are
Established in 2000, Access Financial Services Limited has grown to become a significant player in Jamaica's Microfinance Sector . The company made its mark early on by being listed on the Junior Market of the Jamaica Stock Exchange in 2009, reflecting its strong presence and growth potential. Today, Access Financial is recognized as one of the leading providers of personal and business loans across the island, particularly focused on supporting the microfinance sector—a vital contributor to Jamaica's economic growth.
With a widespread network of eighteen branches located throughout Jamaica, Access Financial is strategically positioned to serve its clients effectively . The company’s head office is based at 41B Half-Way Tree Road, Kingston 5, from where it coordinates its extensive operations. Since its inception, Access has disbursed over J$15 billion in loans, supporting micro businesses across various sectors including Service, Manufacturing, Trading, and Agriculture.
Access Financial Services is driven by a vision to be the leading financial services provider in Jamaica , aiming to be a profitable and preferred employer that delivers exceptional customer satisfaction. Their mission is centered around offering significant value to stakeholders by providing financial solutions to micro-entrepreneurs and individuals who are often underserved by traditional financial institutions. This is achieved through a dedicated team that focuses on delivering services tailored to meet the specific needs of their customers.
What Type of Loan Products Do They Offer?
Access Financial Services Limited provides a diverse range of loan products designed to meet the needs of both individuals and businesses. Their offerings are divided into three main categories:
Personal Loans
These loans are tailored for individuals seeking financial assistance for various personal needs, whether it’s for education, home improvements, medical expenses, or other personal projects. Access Financial ensures that their personal loan products are flexible and accessible, catering to those who might not find suitable options through traditional banks.
Business Loans
Recognizing the crucial role that small and micro enterprises play in the Jamaican economy, Access Financial offers business loans specifically designed to support the growth and sustainability of these businesses. Whether you’re in the service, manufacturing, trading, or agriculture sectors, Access provides financing solutions that help micro-entrepreneurs expand their operations, manage cash flow, and invest in the future of their businesses.
Business Center
Beyond traditional loans, Access Financial also offers support through their Business Center. This facility provides micro and small business owners with access to resources, tools, and financial products that are crucial for running and expanding their businesses. The Business Center serves as a hub for entrepreneurs to receive guidance, support, and the financial backing needed to achieve their business goals.
Through these varied loan products, Access Financial Services Limited plays a vital role in empowering both individuals and businesses across Jamaica, ensuring that financial resources are available where they are most needed.
How Do Access Financial Loans Work?
Access Financial Services offers personal loans that are designed to meet the specific needs of both private and public sector employees in Jamaica. These loans are accessible to individuals who have been permanently employed for at least six months, providing a reliable financial solution with quick approval times and flexible repayment options.
Key Features
Quick Approval: One of the standout features of Access Financial's personal loans is the speed of approval. Loans are typically approved on the same day, allowing you to access the funds you need without delay.
Repayment Methods: Repayment is made convenient through salary deduction or ACH (Automated Clearing House), ensuring that your loan payments are automatically taken care of without the need for manual intervention.
Flexible Loan Uses: These loans can be used for a variety of purposes, including school expenses, home improvements, medical expenses, utility bill payments, and motor vehicle purchase and repairs. This flexibility ensures that the loan can be tailored to your specific needs.
Loan Amounts and Terms: Loan amounts range from J$10,000 to J$3 million, providing options for both small and large financial needs. The repayment terms are also flexible, ranging from three months to seven years, allowing you to choose a plan that best fits your financial situation.
Application Process
Applying for an Access Personal Loan is straightforward. You can either apply online through their website or visit one of their branches. This flexibility ensures that you can start the process in the way that is most convenient for you.
Access Financial Services makes the loan process simple and efficient, offering tailored solutions that fit your needs, with quick access to funds and manageable repayment options. Whether you're dealing with an emergency expense or planning a major purchase, Access Personal Loans provide a reliable way to manage your finances.
What Personal Loans Does Access Financial Services Offer?
Access Financial Services Limited offers a range of personal loans tailored to meet the diverse needs of its clients, particularly focusing on providing financial solutions that are accessible and straightforward. Here’s a look at the different personal loan products available:
ACCESS Cash
This is an unsecured loan facility designed for private sector employees who have been permanently employed for at least six months. It offers a maximum loan amount of J$350,000.00, providing a quick and convenient solution for those in need of funds without the requirement of a guarantor.
Payroll Express
The ACCESS Payroll Express is another loan facility available to private sector employees who have a permanent employment status of at least six months. This loan provides access to a higher amount, up to J$2,500,000.00, making it suitable for larger financial needs. It’s designed to offer flexibility and ease of access for those with a steady income.
Access Advance
For existing personal loan clients, Access Financial offers the Access Advance facility. This unique product allows clients to acquire a second loan without the need to close their current loan, offering added flexibility for managing multiple financial obligations simultaneously.
Government Cash
Tailored for employees of Public Sector entities, the Government Cash loan provides an unsecured loan option of up to J$500,000.00. Similar to ACCESS Cash, no guarantor is required, making it a hassle-free choice for public sector workers who have been permanently employed for at least six months.
Government Agency
This facility is designed for Public Sector workers who have been in permanent employment for at least six months, offering access to loans up to a maximum of J$2,500,000.00. It caters to the larger financial needs of public sector employees, providing substantial support without requiring a guarantor.
Through these various personal loan products, Access Financial Services ensures that both private and public sector employees have access to the funds they need, with options that cater to different financial situations and goals.
Contact Information
For any inquiries or assistance, you can reach out to Access Financial Services Limited through the following channels:
Head Office
- Address: 41B Half Way Tree Road, Kingston 5, Jamaica
- Email: info@accessfinanceonline.com
- Phone: (876) 929-9253
Social Media
- Facebook: Access Financial Services
- Instagram: @accessfinancial
Feel free to contact them via phone or email, or connect through their social media platforms for updates and more information.