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
US$500,000 - US$500,000
INTEREST RATE
12%
INDUSTRIES
All
Eligibility
ANNUAL REVENUE
US$500,000 - US$500,000
REQUIRES COLLATERAL
4 YEARS
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 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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