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
EXIM Bank  
Finance Type
Loan Government  
Description Of Service

Borrow up to the Jamaican equivalent of US$500,000 to  purchase equipment and to improve and upgrade your existing facilities.  You may also use the funds for working capital, market research and a portion may even be used for debt financing.

 
Amount Lower Limit
Not Specified  
Amount Upper Limit
$62,000.00  
Payback Period
Maximum 4 years  
Security Required

Unless otherwise specified, a suitable mix of the following collateral may be accepted:

  • Bank Guarantees from the Bank’s Approved Financial Intermediaries (AFIs)
  • Bill of Sale on serialised equipment.
  • Mortgages over Real Estate, subject to inspection. A Surveyors Report (not older than 1 year) is required.
  • Hypothecation of Financial Instruments
  • Personal Guarantees of principal shareholders
  • Assignment of Key Man Insurance
  • Guarantors of acceptable net worth
  • Assignment of Receivables
 
Deposit Required
 
Currency
JMD  
Qualification Criteria

To be eligible to access this facility, your business must earn less than $360million annually with a net worth below J$100 million. Companies must be operating in Jamaica and be a part of the productive sector such as export ,manufacturing, tourism and related services, creative industries, professional services and the mining & extraction industries.

The business must be established and operating in Jamaica, and a producer of goods or services.  Eligible applicants must satisfy at least one of the following:

  • Total Sales(Annual Turnover) are not to exceed JA$1billion
  • Number of  employees is less than 250 person
  • Total Fixed and Current Assets is less than JA$300million
 
Administrative Contact

Mrs. Ann-Marie Minott Williams

Email: aminottwilliams@eximbankja.com

 
Telephone Numbers
876-630-1400  
Email Address
info@eximbankja.com  
Website Link
http://www.eximbankja.com/loans/sme-growth-initiative  
Additional Information
 
Valid From
 
Valid To
 
Eligible Countries
Jamaica