Blue Smoke

Export Guarantee - EXIM Bank/JMMB

Jamaica

JMMB Bank has forged a yearlong partnership with the National Export-Import Bank of Jamaica (EXIM Bank) to increase access to financing to the small and medium-sized enterprise (SME) sector at more affordable interest rates, through a new loan guarantee initiative. In addition, this exclusive agreement is expected to boost export, as it is specially designed to support SMEs involved in the exporting of goods and services and its value chain.
The agreement, which was signed by both parties during a hybrid signing ceremony on June 2, will see EXIM Bank providing a partial guarantee of up to 80% of the loan amount, not exceeding J$10 million, but not less than J$5 million. SMEs can apply for these EXIM-backed loans, through JMMB Bank, with immediate effect.

FUNDS

N/A

INTEREST RATE

N/A

Apply to program

INDUSTRIES

Eligibility

ANNUAL REVENUE

N/A

REQUIRES COLLATERAL

No

Compare +

Qualifications

Must be SMEs involved in exporting of goods and services and its value chain

Documents Required

Application Process

To apply, the interested SME must start a conversation with a JMMB Bank representative to create better understanding between the parties.

Other Information

Apply to program
EXIM Bank

EXIM Bank

EXIM Bank is Jamaica’s premier trade financing institution and the Caribbean’s first Export-Import Bank. It plays a fundamental role in national development by providing a wide range of financing instruments at competitive interest rates for the country’s productive sector. It aims to assist in the growth of this sector and to contribute to the development of the wider national economy.

85 Hope Road, Kingston 6
(the former Blue Cross building)

876-630-1400
or
876-618-5889

You might also be interested in...

Type Of Fund

Heading 4

Maximum Funds

Provides micro-business Loans to micro-business operators that have been operating for more than 6 months. This loan may be used for working capital support or to facilitate th...

Company Name

Company Name

Award Amount

Heading 4

Up to

Tell people more about the classes you offer. Add images, text and links, or connect data from your collection to display dynamic content.

Award Amount

Heading 4

Up to

Tell people more about the classes you offer. Add images, text and links, or connect data from your collection to display dynamic content.