SME Development Loan Fund (JMD)
This loan product provides a special loan guarantee for SMEs in select Caribbean countries with collateral constraints, which will enable them to access funding for Energy Savings Projects, Clean Energy Production Projects and Other Projects such as working capital support, investments in machinery, equipment, facilities, business expansion and small-scale irrigation systems.
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 an SME with collateral constraints
Documents Required
• Financial statements
• Valid Tax Compliance Certificate
• Cash Flow Projections for the first twelve months with appropriate Notes and Assumptions.
Application Process
Text “USAID” to (876)383-1729 or speak with a business banker at your nearest NCB branch
Other Information
National Commercial Bank
National Commercial Bank Jamaica Limited: provides an array of products & services to meet the banking needs of customers; deposit accounts, unsecured and secured loans, credit cards, overdraft lines, foreign exchange, personal and private banking services are part of the offerings.
32 Trafalgar Road, Kingston 10, Jamaica W.I.
876-929-4622
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