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Blue Smoke

EXIM Bank Modernization Fund for Exporters

Jamaica

A medium-term financing option for exporters and export-linkage companies that need to retool, refurbish, upgrade, or improve efficiency to strengthen export competitiveness. Funds may be used to acquire new or used capital equipment.

FUNDS

US$500,000 - US$500,000

INTEREST RATE

12%

INDUSTRIES

Eligibility

ANNUAL REVENUE

US$500,000 - US$500,000

REQUIRES COLLATERAL

4 YEARS

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Qualifications

Companies registered and operating in Jamaica that are engaged in export, earn foreign exchange, or have a linkage to the export sector. Some sectors may require relevant certificates under applicable incentive schemes.

Documents Required

Contact EXIM Bank for the current document checklist. Applicants should prepare business registration, tax compliance, financial records, export or foreign-exchange earning evidence, and details of the equipment or retooling project.

Application Process

Contact EXIM Bank or begin through EXIM's loan application process to confirm eligibility and submit supporting documents.

Other Information

EXIM lists repayment up to five years with provision for a principal moratorium of up to one year. Verify current terms directly with EXIM.

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

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