FGB Plant Expansion Loan
Jamaica
Are you leasing new equipment or property for the expansion of your agriculture business? The FGB Plant Expansion Loan allows businesses to implement new technology that will help to drive your agri-business to meet current demands, improve efficiency and growth. The loan has features and benefits such as:
• Borrowing up to 80% financing for the cost of your project
FUNDS
US$500,000 - US$500,000
INTEREST RATE
12%
INDUSTRIES
Agriculture & Livestock
Eligibility
ANNUAL REVENUE
US$500,000 - US$500,000
REQUIRES COLLATERAL
4 YEARS
Qualifications
The company must provide at least 20% of the cost of the applicant's project.
The applicant's company must have a main operating account maintained at First Global Bank and can be opened after the loan is approved.
Account turnover must be aligned with stated sales.
Documents Required
N/A
Application Process
To apply for this loan, a business must access First Global Bank's website and locate the FGB Plant Expansion Loan page in the Products section of the website. Access the application portal located at the end of the page labelled "Get Started Now" and fill out accordingly.
Other Information
There is an annual review fee of 0.5%.
First Global Bank Limited
First Global Bank Limited is a comprehensive provider of first-rate commercial banking products and services inclusive of SME Business, Personal Banking, Corporate Business and other banking products and is also registered to operate in Jamaica by the Bank of Jamaica.
2 St. Lucia Avenue, Kingston 5, Jamaica W.I
876-832-9298
876-833-0338
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