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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 through Approved Financial Institutions (AFIs) such as commercial banks, mechant banks, the National People's Cooperative Bank, credit unions and microfinance institutions. All AFIs must be in good standing to participate. This facility is available to business enterprises such as Commercial and Industrial users; Energy Service companies; Manufacturers of energy efficiency equipment and devices. 

 
Amount Lower Limit
Not Specified  
Amount Upper Limit
$5,000,000.00  
Payback Period
Maximum 7 years  
Security Required

Loan must be fully secured.

 
Deposit Required
 
Currency
JMD  
Qualification Criteria

Requirements:

  • The constitution of the company must give the authority to borrow and a board resolution must be passed to access this loan facility.
  • Project must be viable and demonstrate ability to repay loan without a negative impact on its operations.
  • Valid Tax Compliance Certificate.
  • Tax Registration number is required.
  • Energy audit may be required.
 
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://dbankjm.com/files/fliers/energy%20flyer  
Additional Information

The loan amount represents 75% of installation quotation of photovoltaic, including compulsory energy audit etc.

 
Valid From
 
Valid To
 
Eligible Countries
Jamaica