Blue Smoke

DBJ/World Bank SME Loan For Entities

Jamaica

The objective is to support capital and investment projects to empower small businesses under DBJ's approved sectors. This helps in the implementation of component 3b (financing) of the FCGP project.
The Loan Amount is a maximum of 90% of the project cost up to J$30 million per group/entity.

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

Businesses must be an MSME under DBJ's approved sectors

Documents Required

N/A

Application Process

N/A

Other Information

There is a moratorium of 1 year.
The interest rate is a sub-borrower rate determined by AFIs.

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.

11A - 15 Oxford Road Kingston 5, Jamaica W.I

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

Fax Number: (876) 929-6055

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