EXIM Bank, in conjunction with the Jamaica Exporters' Association (JEA) and the Jamaica Manufacturers' Association (JMA), offers loan facilities on a revolving basis to Exporters and Manufacturers.  Exporters can borrow up to J$2 million, and manufacturers up to J$1.5 million.  No collateral is required; however applicants must be able to demonstrate their credit-worthiness and their ability to service the loan.

Purpose

This loan facility enables credit worthy exporters and manufacturers, to finance their working capital requirements and to purchase light equipment on concessionary terms of financing.

Loans are available for…

• Raw Material Purchases, repayable in 120 days
• Receivables Financing, repayable in 120 days
• Light equipment purchase, repayable up to 18 months

Interest Rate – 12%p.a. on the reducing balance.

Eligibility Requirements

Applicants must employ less than fifty (50) permanent persons and meet at least one the following eligibility requirements: 

• Be an Exporter, or in the opinion of the JEA/JMA are export ready
• With respect to JMA loans, be  a member of the Jamaica Manufacturers’ Association (JMA)
• Are linkage companies within the Tourism and/or Export Sectors

Where do I Apply?

Application forms are available online, or from the EXIM Bank, the JEA and the JMA
All completed forms must be submitted to the JEA or the JMA, and not to the EXIM Bank.