Blue Smoke

Merchant Services Overdraft (Unsecured)

Jamaica

The Merchant Services Overdraft is designed to improve the cash flow of your business while waiting for your receivables. The customer can gain access to additional working capital, have a buffer to assist with meeting business expenses during slow sales periods and get easy access to unsecured financing. The Merchant Services Overdraft will be based on the value of the average monthly debit and credit card receivables.

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

Must have had a Merchant account for at least 2 years to qualify.

Documents Required

N/A

Application Process

N/A

Other Information

Flexible repayment terms

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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