Finance
Finance, upstairs from the showroom.
Finance & Development Co. (FDC) has lent to the people of Antigua and Barbuda since 1984. Choose your car downstairs, arrange the loan upstairs, drive home the same week.
How it works
Four steps to your keys
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Pre-qualify online
Tell us roughly what you earn, how much deposit you have and which car you like. It takes about five minutes and is not a credit application.
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FDC calls you
A loans officer reviews it, usually within one working day, and tells you what to bring. FDC says decisions can come in as little as 24 hours once they have your documents.
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Bring your documents
Upstairs in the Hadeed Motors showroom, Monday to Thursday 8am to 2pm, Friday 8am to 3pm.
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Sign and drive
FDC pays the dealership, we prepare the car, and you collect the keys downstairs.
What will it cost a month?
Rates depend on the car, your deposit and the term, so FDC quotes each customer individually. Pre-qualify and they will call you with real figures, or ring the loans team directly.
Your details are safe
- We never ask for bank account numbers, card numbers or PINs online.
- Uploaded ID and pay slips are stored privately and only FDC's finance staff can open them.
- Licensed non-bank financial institution regulated by the Eastern Caribbean Central Bank.
What to bring
Documents FDC will ask for
From FDC's published loan requirements. Having them ready is the fastest way to a decision.
- Proof of income: a job letter or contract (or valid work permit) and your last 2 months of pay slips. Self-employed: proof of occupation, 2 years of audited financial statements and proof of business address.
- Identification: a valid passport plus one other photo ID, such as a driving licence, Social Security card, Medical Benefits card or voter ID.
- Proof of address: a utility bill no more than 3 months old.
- The sales details of the vehicle you are buying, and your deposit.
- Non-nationals may also need a police record and immigration documents. Ask the loans team.
Finance & Development Co. Ltd.
- Where
- Upstairs in the Hadeed Motors showroom, Old Parham Road
- Hours
- Monday to Thursday 8am to 2pm, Friday 8am to 3pm
- Phone
- 268-481-2569
- admin@fdc.com.ag
- Since
- 1984
Questions people ask
- Can I finance a car from somewhere else?
- FDC finances vehicles sold by Hadeed Motors and its affiliated companies.
- I have bad credit. Can I still apply?
- Yes. FDC's loans team will talk through your situation and advise you.
- How do I make payments?
- Cash or cheque at the office, debit or credit card, standing order, salary deduction, or online transfer from ECAB, CIBC Caribbean or ACB Caribbean.