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DBJ Credit Enhancement Fund (Partial Guarantee)

Opportunity ID: 
Institution Type: 
Development Bank of Jamaica
Type of Financing: 
Minimum Amount: 
50% of DBJ funded SME loans up to J$10M; 80% of Energy Loans up to a maximum of J$10M.(Conditions apply); SME loans funded with the AFIs own funds - 50% of the loan up to J$5M

5 years

Qualification Criteria: 

Types of Eligible Enterprises:
Small and Medium Sized Enterprises
Tax compliant
Viable Project
Proven track record
Good Credit History

Productive sectors including Manufacturing, Agriculture and Agribusiness, Tourism, Energy, Mining and Business Services, Retail, Trade and Distribution.

Energy & Agricultural Projects - 1% plus GCT per annum on the Guaranteed Amount
All Other SME Loans - 2% plus GCT per annum on the Guaranteed Amount

Reduce Risk of lending to SMEs’
Supplements Available Collateral
Allows viable SMEs to access credit for expansion

Total votes: 458