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Regular Energy Loan

Opportunity ID: 
DBJ-2014-66
Institution Type: 
Government
Institution: 
Development Bank of Jamaica
Type of Financing: 
Loan
Minimum Amount: 
Maximum of J$30m per entity or group at interest rate of 9.5% and up to J$100M can be accessed at 10% (Interest Rate subject to annual review)
Tenure: 

Repayment period will be up to 7 years including a maximum of 12 months moratorium on principal payments.

Qualification Criteria: 
  • Commercial institutions, Small & Medium Business Users
  • Large Commercial and Industrial Users
  • Energy Service Companies (ESCOs)
  • Manufacturers of energy efficiency equipment and devices
  • Energy Equipment Suppliers/Distributors
  • >

EQUITY REQUIREMENT
10% for SMEs ; 25% for Large Firms

EQUITY CONDITIONS:
Project must be viable and demonstrate ability to repay loan
Energy Audit recommended

Total votes: 1018