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First Global Bank Reduces Loan Rates
First Global Bank, Jamaica’s smallest commercial bank, has joined its larger peers – ScotiaBank and National Commercial Bank – in reducing loan rates. Effective September 1, 2010, First Global’s base rate will be cut by two percentage-points to 18.75 per cent. First Global’s president, Maureen Hayden-Cater, is quoted in a recent release stating that “The [...]
Continue reading...JN Small Business Loans Unveils New Farmers’ Loan
2. August 2010
The JN Small Business Loans Ltd. (JNSBL), took the occasion of the annual Denbigh Agricultural Show this past weekend to announce a new loan product, branded Famer’s Choice, which will allow farmers to access micro loans of up to J$150,000 to prepare land or purchase equipment and supplies. JNSBL general manager, Frank Whylie, said Farmer’s [...]
Continue reading...Energy Loan Touted At Denbigh Over The Weekend
2. August 2010
The EXIM Bank Jamaica and the Development Bank of Jamaica (DBJ) took the occasion of the annual Denbigh Agricultural Show this past weekend to promote a new energy loan facility. The institutions are offering financial solutions for businesses that are deploying energy saving systems or incorporating alternate uses of energy. Funds for this energy loan [...]
Continue reading...Tech Loan Ltd. Offers Short Term Financing
29. July 2010
As per ad in the Jamaica Observer’s Chat magazine (Thursday July 29, 2010): Need short term financing … available at competitive rates … for back to school, home repairs, payday advance, funeral expenses, tuition purposes or any general purpose? The visit Tech Loan Ltd., at 4 Swallowfield Road, Kingston 5. Tel: 920-1056 or 906-7915 Email: [...]
Continue reading...Scotiabank King Street Announces Red Tag Sale On Loans
27. July 2010
In keeping with the discount and bargain shopping that Downtown Kingston has always been known for, by way of a recent press release, the King Street Branch of Scotiabank has announced a huge red tag sale on loans. Through this unique loan sale, the branch is aiming to stimulate dialogue with customers and customize loan [...]
Continue reading...Capital Loan Plan From Capital & Credit Merchant Bank Ltd.
25. July 2010
As per advertisement in today’s Sunday Gleaner newspaper: Need a low interest loan, but want to grow your savings? Have your cake and eat it too with the Capital Plan Loan. As low as 11% * p.a. Be your own banker and benefit from low loan rates while earning higher interest rates on your savings! [...]
Continue reading...National Commercial Bank Cuts Loan Rates Again
24. July 2010
National Commercial Bank (NCB) announced yesterday, that effective August 2010, the bank will cut its base lending rate by three percentage points, moving it to 17.75 per cent from 20.75 per cent. NCB now joins FirstCaribbean and Scotiabank in reducing interest rates. NCB’s announcement was made yesterday along with the release of the banking group’s [...]
Continue reading...Are You In A Bind And Need Cash Fast?
7. July 2010
Details from a classified ad in the Sunday Gleaner (July 4, 2010): Are You In A Bind And Need Cash Fast? For short term cash flow relief! As little as $1000.00 cash relief! No reasonable request is refused! No lengthy processing time! No references! No bureaucracy! Contact Good As New for details – Digicel 436-4949 [...]
Continue reading...US$630K In Loans & Grants Being Made Available To Farmers & Other Rural Entrepreneurs
6. July 2010
The Inter-American Development bank (IDB), is reportedly giving rural agricultural farmers and business operators in Jamaica a financing boost, by making US$630,000 (J$53.5 million) in loans and grants available to make access to financing easier for farmers and other rural entrepreneurs. The IDB is doing this through its Social Entrepreneurship programme. The project, which is [...]
Continue reading...Borrow Same Day Against Your Car, Furniture & Appliances
5. July 2010
Details from a classified ad in the Sunday Gleaner (July 4, 2010): Borrow Same Day Against Your Car, Furniture & Appliances. An Ocho Rios company is willing to lend. Mondays – Fridays, call 579-6257 | 469-4342 | 975-5121 * Conditions apply
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16. August 2010
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