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Finance Opportunity

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

The Credit Enhancement Facility (CEF) - Gives a helping hand to Small & Medium-sized enterprises (SMEs) SMEs often find it difficult to access financing for expansion, however, DBJ’s CEF makes it easier for viable SMEs to access loans by providing partial loan guarantees to Approved Financial Institutions (AFIs) to reduce the risk on loans made to SMEs. 

 
Amount Lower Limit
Not Specified  
Amount Upper Limit
$5,000,000.00  
Payback Period
 
Security Required
 
Deposit Required
 
Currency
JMD  
Qualification Criteria

Requirements:

  • Size of SME must have no more than 150 employees with a maximum annual turnover of J$425,000,000.
  • Primary targets are existing companies 2 years or over.  
  • Start-ups operating 1 year and over may access the partial guarantee up to a maximum of $5M.
  • Start-ups operating less than 1 year may be considered eligible, at DBJ's discretion.
  • SMEs must be tax compliant.
  • Project proposal must be financially viable and technically feasible.
  • SMEs or promoters must have a proven track record and good credit history 
 
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/cef/eligibility-criteria  
Additional Information
 
Valid From
 
Valid To
 
Eligible Countries
Jamaica