Business registration support for Trinidad and Tobago
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Banking preparation

Three-year cash-flow projections with a bank opening letter.

A structured TTD $1,500 package for Trinidad and Tobago businesses choosing Republic Bank, RBC Royal Bank, Scotiabank or First Citizens Bank.

BizReg feeTTD $1,500
Service areaTrinidad & Tobago
Start onlineSecure payment + intake

Three-year cash-flow projections for Trinidad and Tobago businesses

Cash-flow projections show when money is expected to enter and leave a business. They are different from a profit-and-loss statement because a profitable business can still face a cash shortage when receipts and payments happen at different times. BizReg builds the forecast from the operating assumptions supplied by the client and structures those assumptions across a three-year period.

The TTD $1,500 package includes the projections and a BizReg business bank-account opening letter. At checkout you select Republic Bank, RBC Royal Bank, Scotiabank Trinidad and Tobago or First Citizens Bank so the post-payment intake can collect the right banking context.

What goes into a credible cash-flow forecast

Cash coming in

Projected sales, deposits, owner investment, financing proceeds and other expected cash receipts.

Direct costs

Inventory, materials, subcontracting and other costs that rise or fall with business activity.

Operating expenses

Payroll, rent, utilities, insurance, transport, marketing, professional costs, bank charges and recurring overhead.

Timing and seasonality

Launch dates, slow months, peak periods, credit terms, large purchases and other timing assumptions that affect monthly liquidity.

These are projections, not audited accounts.

They are forward-looking estimates based on the information and assumptions you provide. Bank approval, account opening and financing decisions remain entirely with the selected financial institution.

What the four bank options mean

Republic Bank

Republic's published information for self-employed/start-up customers identifies opening balance sheet and cash-flow projections among the financial information that may be requested. Bank requirements can vary by account and customer profile.

RBC Royal Bank

RBC Trinidad publicly lists monthly cash-flow projections for the next three years for commercial overdraft and long-term loan applications. Account-opening requirements are a separate process, so BizReg does not state that three-year projections are mandatory for every RBC business account.

Scotiabank

Scotiabank Trinidad offers business chequing accounts and its public new-account guidance emphasises identification, proof of address and proof of income, with business evidence for self-employed clients. Additional documentation can be requested depending on the application.

First Citizens Bank

First Citizens' published business-account requirements state that a new sole-trader business can provide three years of monthly income projections, while limited-company account opening requires corporate documents and a letter requesting the account.

Your bank opening letter

The opening letter is prepared for the bank selected during checkout. The intake asks for the business name, branch or business-banking destination where known, account purpose, expected activity, owners/directors or signatories and the financial assumptions needed to support the file. The letter accompanies the projections; it does not replace the bank's application forms, KYC checks or requested corporate documents.

How the BizReg projection workflow works

  1. Select the bank.Choose Republic Bank, RBC Royal Bank, Scotiabank or First Citizens Bank.
  2. Complete the financial intake.Provide revenue, expense, capital, financing and seasonality assumptions.
  3. BizReg structures the forecast.The information is organised into a three-year cash-flow view suitable for review.
  4. The opening letter is prepared.We use the selected bank and account-opening context to prepare the accompanying letter.
  5. You use the package with the bank.The bank may request more information before making any account or credit decision.
Bank references: Review RBC Trinidad financing requirements, First Citizens business account requirements, and Scotiabank business banking information. Requirements should always be confirmed with the chosen bank before submission.
Questions clients ask

Frequently asked questions

What is included in the TTD $1,500 cash-flow package?

The service includes three-year cash-flow projections prepared from the business assumptions supplied by the client plus a BizReg business bank-account opening letter addressed for the selected bank.

Which banks can I choose?

The checkout currently supports Republic Bank, RBC Royal Bank, Scotiabank Trinidad and Tobago, and First Citizens Bank.

Are the projections audited financial statements?

No. Cash-flow projections are forward-looking forecasts based on assumptions supplied by the business. They are not historical audited financial statements and should not be represented as audited accounts.

Do three-year projections guarantee a bank account or loan?

No. Banks conduct their own KYC, credit, risk and documentation reviews. A projection package can support an application but does not guarantee account opening, financing or approval.

Why do you ask which bank I am using?

Bank documentation and wording are not identical. The selected bank determines the addressee and helps BizReg prepare the opening letter and supporting presentation for that institution.

What information do I need to provide for projections?

Expect to provide realistic sales assumptions, start-up or opening cash, direct costs, payroll, rent, utilities, marketing, loan payments, capital purchases, owner injections, seasonality and other material cash inflows and outflows.

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