The CEF targets viable MSMEs in all economic sectors, based on the GOJ definition of the MSME sector, as well as, start-ups.

The MSMEs must be tax compliant, have a good credit history, and be in business for at least 12 months.

Other Details


The CEF targets viable MSMEs in all economic sectors, based on the GOJ definition of the MSME sector, as well as, start-ups.

The MSMEs must be tax compliant, have a good credit history, and be in business for at least 12 months.

Eligibility

Parallel Lines

The Credit Enhancement Facility (CEF) gives a helping hand to Micro, Small & Medium-sized Enterprises (MSMEs). SMEs often find it difficult to access financing for expansion. However, this facility makes it easier for viable SMEs to access loans by providing partial loan guarantees and supplementing available collateral to meet the lending requirements of Approved Financial Institutions (AFIs). This reduces the risk on loans made to MSMEs allowing them to access credit for expansion.

Partial Credit Guarantee Enhancement Facility

Jamaica

INDUSTRIES

All

TYPES OF BUSINESS SUPPORT

Funding Business Projects & Growth

Development Bank of Jamaica

Development Bank of Jamaica

The Development Bank of Jamaica provides opportunities to all Jamaicans to make a positive impact on their own quality of life. They do this through providing development financing, capacity building, public-private partnership and privatisation solutions, which are in line with Government policy and future goals.

15 Oxford Road, Kingston, Jamaica

Phone Number: (876) 929-4000; (876) 619-4000

Fax Number: (876) 929-6055

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