What is DBJ SERVE?
The Ministry of Finance and the Public Service in partnership with the Development Bank of Jamaica has allocated J$3B under the DBJ SERVE Jamaica programme for financing support to MSMEs.
The DBJ SERVE Programme acts as a catalyst for the recovery of local economic activity by assisting businesses that have been adversely affected by the COVID-19 pandemic.
The programme consists of three products highlighted below:
- DBJ Go-Digital Voucher
- DBJ Go-Digital Loan
- DBJ MSME Recovery Loan
EXIM Bank of Jamaica, an AFI of DBJ, has been tasked with providing financing under the DBJ SERVE – MSME Recovery Loan Programme.
What can it be used for?
- Working capital
- Debt consolidation
- Refinancing of:
- Business loans
- Credit card business debt
- Purchase of real estate for use by the business
Who Is Eligible?
To be eligible to access this facility, you must be a SME operating in Jamaica and be a part of the productive sector such as export, manufacturing, tourism and related services, creative industries, professional services, and the mining & extraction industries.