Loans Jamaica

AIM Car Loan Bonanza

AIM Financial Corporation Ltd., has advertised its CAR LOAN BONANZA in today’s Jamaica Gleaner newspaper, details as follows: Financing for cars up to nine years old Over 7 years to repay Low interest rates Up to 87% financing Obtain insurance on the spot Insurance premium financing available July special – get a lower interest rate [...]

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Government To Seek $500M In Loans To On-Lend To Small/Micro-Business Sector

Speaking in the House of Representatives yesterday, Prime Minister Bruce Golding announced that the Government will soon be seeking $500 million in loans to on-lend to the small and micro business sector, in order to give added lift to budding entrepreneurs who need assistance in hurdling financial roadblocks. According to PM Golding, too many people [...]

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Small, Micro Businesses Get $150M Loan Financing Through JBDC

Parliament yesterday gave approval for the granting of a government guarantee for the loan – which will come from the Development Bank of Jamaica and channelled through the Jamaica Business Development Centre (JBDC) – so that micro and small business owners will have access to another $150 million in loan financing. In bringing the resolution, [...]

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Credit Officer Vacancy – Micro Loans Company

Applicants are invited to fill the position of CREDIT OFFICER for a new micro loans company here in Jamaica. Applicant must have: Excellent communication and presentation skills Must be self motivated Be able to work and manage territories independently and have a proven track record of achieving targets Own a reliable motor vehicle Three years [...]

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JN Small Business Loans Ltd. Launches Loan Payment Card

JN Small Business Loans Limited (JNSBL), the microfinance subsidiary of Jamaica National Building Society (JNBS), has just launched a new payment card called the JNSBL Eezy Pay card. The goal of the card, is to make the loan repayment process simpler for customers, and allows them to make payments at kiosks which are located in [...]

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FirstCaribbean Lowers It Loan Rates Again

As it did in November 2009, FirstCaribbean International Bank has once again announced a lowering of its base lending rate. Effective July 1, 2010, FirstCaribbean International bank Jamaica will cut its prime lending rate by two percentage points, lowering it to 18.25%. The bank has attributed the move to the success of the debt swap [...]

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Survey Shows That Auto Loan Rates In Jamaica At 15-Year Low

Today’s Sunday Gleaner, has a report about a recent survey of rates among some credit unions and banks, which showed that the lending rate for auto loans in Jamaica is at a 15 year low … “but consumers are not exactly beating a path to the doors of local lenders.” “A Sunday Business survey of [...]

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RBTT Bank Opens US$10M Credit Line For SMEs

RBTT Bank issued a press statement yesterday, announcing that it has opened a US$10 million fund to lend to small and medium sized enterprises (SMEs), specifically for the purposes of trade financing and capital expenditure – including business expansion and upgrade of facilities. The credit line was established specifically for small and medium sized entities, [...]

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FirstCaribbean No-Fee Mortgage

FirstCaribbean Bank has a No-Fee Mortgage. As per advertisement in today’s Jamaica Observer newspaper, here are some of the details: With a FirstCaribbean No-Fee Mortgage, your dreams of owning your own home or piece of land can lift off. With your approved mortgage, we’ll also give you: A pre-approved credit card A pre-approved revolving loan [...]

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What You Should Know About Loans

You’re not a millionaire; you have not just won the lottery and you have no hopes of simply falling into riches anytime soon. Chances are, then, you will be among the thousands of Jamaicans who will at some point in your life want a loan. There is nothing wrong with borrowing money from financial institution [...]

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