What can you do with a low rate loan? Just ask … pay off bills, lower your monthly payments, spruce up the house, go to university, plan a wedding, or do whatever you need to get ahead. Now’s your opportunity to save.

Enjoy rate discount up to 6% on unsecured loans*
(rate discount is applicable only to unsecured loans with loan terms up to 36 months. Interest rates as low as 23.75%. Certain conditions apply. Loans are subject to credit approval. Offer is subject to change without notice. Offer valid from February 1, 2011 to March 31, 2011)

Apply for a low rate Scotia Plan Loan today. For more information, visit jamaica.scotiabank.com/lowrateloans

In a release issued recently, ScotiaBank said “This Scotia FARM Fund reinforces the Bank’s ongoing thrust to stimulate growth in the agricultural and productive sectors. Under this initiative, the bank is providing short-term, non-revolving loans to financially viable farming projects with the goal of stimulating increased farming activities, reducing the use of foreign exchange on imports of products that can be produced locally and generating increased employment.”

The fund will be available from April 29 to December 31, 2010 to eligible farmers who are registered with the Rural Agricultural Development Authority (RADA), and approved by the Ministry of Agriculture and Fisheries FARM Programme. Loans will range between $500,000 and $2 million, and will be utilised for short-term crop financing, including purchasing of fertilizer,insecticide, seeds, and securing labour directly related to the crop production.

In the first phase of the project, the bank will be providing loans for the planting of onions, irish potatoes and hot peppers. The maximum loan term for the financing of onion and potato crops is six months, and the maximum term for hot peppers is nine months. A maximum of 10 per cent of the project cost (up to $200,000) can also be used for the purchase of capital equipment specific to the project/crop planting. Loans will be disbursed against invoices for material and labour and directly to the suppliers for material.

A press release from Scotiabank stated, “Effective today [February 3], Scotiabank will offer on all new SME loans, a fixed rate of 16.95 per cent per annum for the first 12-month period of the loan. Entrepreneurs will be able to access from J$1 million up to J$22.5 million for up to seven years. The new rate reflects a reduction of as much as 500 basis points.”

It’s full-page newspaper ad states:

Navigate your business to success

Apply for your SME Business Loan by August 31, 2010 and get:

• Up to $22.5 million
• A fixed interest rate of 16.95% p.a. for the first twelve months
• Up to seven years to repay

You don’t have to be an existing Scotiabank customer to take advantage of this special offer. Apply today! Call our contact centre at 1-888-4-SCOTIA or visit your nearest Scotiabank branch.

• 19.75% interest rate (offer good from December 16, 2009 to March 31, 2010 – Conditions apply)
• 95% financing
• 84 months to repay
• $10,000 ‘cash for gas’

For more information, please call 1-888-4SCOTIA, or visit your nearest ScotiaBank branch.

• Interest rates starting at 19.75%
• Payment terms of up to 72 months
• A pre-approved MAGNA MasterCard or GOLD MasterCard credit card (* conditions apply)
• Creditor life insurance coverage of up to $7.5 million (* conditions apply)
• Easy application process and quick turnaround time

For more details, call toll free: 1-888-4-SCOTIA or speak with a Personal Banking Officer at your nearest branch.