If you are in the manufacturing, agriculture, agro-processing, tourism, energy or mining business, JMMB Merchant Bank has a loan to see you through. With special access to Development Bank of Jamaica (DBJ) funding, JMMB MB offers medium to long-term loans aimed at assisting in the development and modernisation of viable business enterprises.

Through DBJ funding, JMMB MB offers PRODUCTIVE SECTOR LOANS that offer flexible and convenient terms at lower interest rates.

Features:

• Interest rates no more than 13% p.a.

• Longer-term loans – up to 10 years

• Up to 70% of the cost of the project can be financed by a DBJ loan

• Moratorium on principal repayment of up to two years depending on the type of project

• Flexible repayment plan; Loan payments structured to coincide with company’s cash flow

• Loans for the rehabilitation of existing enterprises, construction of structures for productive purposes and energy- saving projects

• Loans for machinery, equipment and motor vehicles for commercial purposes

• Loans available in both Jamaican and United States Dollars.

WHO CAN BENEFIT?

These loans are geared to assist businesses or projects which contribute to the Development Sector of the economy through any of the following areas:

• Agriculture & Agro-processing

• Manufacturing

• Tourism(including Health and Eco-tourism) & Attractions

• Mining

• Energy (especially alternative and renewable)

• Other Services (e.g. Information Technology and Medical)

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