SEARCH

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form

Close X

INFORMATION

There are currently no Help notes in this section.

Close X
Menu

Finance Opportunity

Opportunity Id
 
Finance Provider
Development Bank Of Ja Ltd  
Finance Type
Loan Government  
Description Of Service

This line of credit facility is available to provide support to projects that are deemed commercially viable.  It can be obtained through Approved Financial Institutions (AFIs) such as commercial banks including the National People's Cooperative Bank, credit unions and microfinance institutions. This facility is for diabled producers of goods and services  established and operating in Jamaica in the Agricultural production and processing; retooling and reengineering manufacturing operation; tourism activities; food fish farming and mariculture; ornamental fish farming;  non-metallic mining sector; information technology and alternate energy/conservation and other SMEs for productive purposes.

 
Amount Lower Limit
Not Specified  
Amount Upper Limit
$15,000,000.00  
Payback Period
Maximum 7 years  
Security Required

Loan must be fully secured.

 
Deposit Required
 
Currency
JMD  
Qualification Criteria

Requirements:

  • Project must be viable and demonstrate the ability to repay loan without a negative impact on its operations.
  • Enterprise should be at least registered as a sole trader or show evidence that there will be formalization within 2 months.
  • Proposer must invest 30% equity in the project. If the project is under the equivalent of US$5000, only 20% equity is required.
  • Tax registration Number is required.
  • Applications in excess of $2 million, a Tax Compliance Certificate is required.
  • Project proposers must be members of the Combined Disabilities Association Limited.
 
Administrative Contact

Mr. Christopher Brown, Manager, Business Development  

Email: cbrown@dbankjm.com

 
Telephone Numbers
876-929-4000  
Email Address
dbank@cwjamaica.com  
Website Link
http://www.dbankjm.com/files/fliers/disabled%20flyer.pdf  
Additional Information
 
Valid From
 
Valid To
 
Eligible Countries
Jamaica