Loans Jamaica

JN Small Business Loans Unveils New Farmers’ Loan

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...

NCB F.A.R.M. Loan

Today’s newspapers feature full-page National Commercial Bank (NCB) advertisements for their NCB F.A.R.M. Loan. F.A.R.M. means “Financial Access for Responsible Members loan). Here are the details as per the newspaper advert: FARMERS … Let NCB help you grow with the NCB F.A.R.M. Loan Repay the loan as you reap your irish potatoes, onions and hot [...]

Continue reading...

New Loan Insurance Scheme For Small Farmers

The Government is introducing a loan insurance scheme that will require farmers to only put up half of the collateral for loans of up to $2 million. “What it means is that someone who is interested in borrowing $500,000 instead of being required to collateralize the entire loan amount, they will now be required to [...]

Continue reading...