SMEs can access millions in funding at competitive interest rates.
Special funding is now available to SMEs to sustain operations, explore new business ventures, or make investments in energy saving, small-scale irrigation or business expansion projects.
For customers with limited or no collateral, guarantee assistance if available under guarantee facilities through our partnership with DBJ.
* Conditions Apply
You’ve worked hard to grow your business. Now get empowered to take your business to the next level with NCB SME BOOST Loan.
Access secured financing for:
• Boosting Productive Capacity
• Commercial Property Acquisition
• Working Capital Support
Conditions Apply
• Guarantee of up to JMD $30M
• 90% Loan Guarantee for Small Loans
• 80% Loan Guarantee for MSMEs
Cash Flow Projections for duration of loan, with explanatory notes and underlying assumptions
Last three years' Audited Financial Statements and year-to-date Management Accounts
Certificate of Incorporation, Registration, Articles of Incorporation, Particulars of Directors etc. TRN, Valid Tax Compliance Certificate, Letter of Good Standing
Last 12 months' bank statements (if not currently an NCB customer
Aged listings of payables and receivables
Details of collateral to be offered in support of the loan along with evidence of value and ownership.
Details of the project costs and manner in which to be funded (debt, equity, other) supported by costings / contracts / invoices to substantiate request.
Strategy; Value proposition/value drivers; Organizational and Management Structure; products and Services; Markets Served and Marketing Plan; Competitive landscape; Operations.