Required Documents
- Job Letter stating salary, position, length of employment; plus last two months pay slips
- Print out of savings account showing transactions for last 6 months OR updated bank book (For Borrowers
- without COK Credit/Savings history or borrowing for the first time)
- IF SELF-EMPLOYED: Financials prepared by a Certified Chartered Accountant & stamped
- Income & Expenditure Statement ( a minimum of 2 years)
- Balance Sheet
- Cash Flow Statement and Cash Flow projections (for at least three years)
- Credit reference
- Print out of savings/current account transactions for at least 12 months OR updated bank book
- Aged receivables ( where applicable)
- Tax Registration Number (TRN) Card and Valid ID (Driver’s Licence, Voter’s ID, COK ID)
- Passport sized photograph
- Completed Application Form with contact information of two relatives & two references (non-related)
- Recent utility or any other bill in member€’name with current address (Proof of Address)
- Documentary evidence supporting purpose of loan
- Assignment of life insurance policy (if required)
- Guarantor (if applicable)
- Job Letter stating salary, position, length of employment; plus last two months pay slips
- Print out of savings/current account transactions for at least 6 months OR updated bank book (if required)
- IF SELF-EMPLOYED: Financials prepared by a Certified Chartered Accountant & stamped
- Revised September 2017
- Page 1 of 2
- Income & Expenditure Statement
- Balance Sheet
- Cash Flow Statement and Cash Flow projections (for at least three years)
- Credit reference
- Print out of savings/current account transactions for at least 12 months OR updated bank book
- Aged receivables ( where applicable)
- Tax Registration Number (TRN) Card and Valid ID (Driver’s Licence, Voter’s ID, COK ID)
- Passport sized photograph
- Signed guarantor form witnessed by a Justice of the Peace
- Recent utility or any other bill in guarantor’s name with current address (Proof of Address)
- DOCUMENTS REQUIRED BASED ON SECURITY TYPE
- MOTOR VEHICLE
- Current Valuation* (done in the last 6 months) – Valuations must include front, back, embodied chassis # on
- vehicle and VIN plate pictures. Approved Valuators: Caribbean Loss Adjustors; Management Security
- Consultants; Automobile Valuators & Consultants; Auto Assessors Ltd., Advance Insurance Adjusters, Orion
- Loss Adjusters, MVA Motors Consultants Ltd.
- Certificate of Fitness and Certificate of Registration
- Proof of Insurance
- Copy of Title
- PROPERTY
- Current Valuation* (done in the last 12 months) by one of our Approved Valuators (Refer to our listing of
- approved valuators). All properties will be inspected by a COK staff member.
- Surveyors Identification report
- Property must be insured
- Copy of property title*
- Mortgage Statement (by first mortgage holder where a mortgage exists)*
- CASH OR NEAR CASH
- Proof of investment (owner, value and holder of investment)
- Where investment is offered by a third party written permission from investment owner/guarantor stating
- amount and term of hypothecation (if applicable)
- *CONDITIONS APPLY
