Blue Smoke

Commercial Mortgage

Jamaica

The Commercial Mortgage offers innovative funding up to a specified percentage of the valuation or property purchase price, whichever is lower. The customer can synchronise our repayments with your cash flow. Generally, there are various options regarding the interest rate structure:
• Variable Rate linked to base rate/prime
• Fixed Rate
• A mix of both

FUNDS

N/A

INTEREST RATE

N/A

INDUSTRIES

All

Eligibility

ANNUAL REVENUE

N/A

REQUIRES COLLATERAL

Yes

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Qualifications

Must be a growing business looking for:
• Larger Inventory Space
• New Retail Location
• Refurbishments for your premises
• New Information Technology Infrastructure
• New Office Space

Documents Required

N/A

Application Process

N/A

Other Information

The business can borrow up to 65% of the valuation or property purchase price, whichever is lower

The business has the opportunity to synchronise repayments with their cash flow

The variable rate is linked to the base/prime rate

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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