Blue Smoke

Business Overdraft

Jamaica

The Business Overdraft from CIBC is a flexible and easy-access short term financing facility when available funds fall short of your need. The customer is not tied to specific dates for drawdown or repayment and can pay the interest charges only on the funds you use and only for as long as you have them. The maximum term is twelve months, but you can renew prior to expiry. The customer can receive an easy access to working capital. Within an agreed overdraft limit, finance is available without restriction. They can also significantly enhance the ease of cash flow management with this short-term revolving solution.

FUNDS

US$500,000 - US$500,000

INTEREST RATE

12%

INDUSTRIES

All

Eligibility

ANNUAL REVENUE

US$500,000 - US$500,000

REQUIRES COLLATERAL

4 YEARS

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Qualifications

N/A

Documents Required

N/A

Application Process

N/A

Other Information

The annual fee for this service gives good value for money.

No transfer fee

CIBC FirstCaribbean International Bank

CIBC FirstCaribbean International Bank

CIBC FirstCaribbean is a major Caribbean bank offering a full range of market-leading financial services in Corporate Banking, Retail Banking, Wealth Management, Credit Cards, Treasury Sales and Trading, and Investment Banking.

23-27 Knutsford Boulevard, Kingston 5

876-935-4714
876-929-9247

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