FinanceOpportunities | CE Intelligence

Finance Opportunity

Opportunity Id

DBJ-2014-75

Finance Provider

Development Bank Of Ja Ltd

Finance Type

Grant

Description Of Service

Amount Lower Limit

Not Specified

Amount Upper Limit

$300,000.00

Payback Period

Security Required

Deposit Required

Currency

USD

Qualification Criteria

SME visits a DBJ Accredited Financial Institution (AFI) for a loan to improve/expand business operations
Loan Officer observes management gaps which will hinder the SME’s chance at a loan approval
SME is advised of gaps (e.g. poor business plan)
Loan Officer recommends the client for a Voucher (maximum of 2 vouchers per client)
SME visits the Business Development organization (BDO) of their choice:
- Discusses the service to be accessed
- Signs agreement
- Pays 30% of the cost
- accesses the service
- DBJ pays the BDO 70% or the value of the voucher (whichever is lower)
SME returns to the AFI Loan Officer to finalise arrangements for the loan

Administrative Contact

Telephone Numbers

Email Address

Website Link

http://www.dbankjm.com/vta/

Additional Information

Valid From

Valid To

Eligible Countries

Jamaica