JMA/EXIM Bank Facility
A loan facility is available under the auspices of EXIM Bank through the Jamaica Manufacturers' Association (JMA) and is available to qualifying JMA members. The facility provides short-term financing to micro and small entities seeking to borrow a maximum loan of J$1.5M. The facility is unsecured at an interest rate of 12%.
JMA/JEA EXIM Bank Facility
A loan facility is available under the auspices of EXIM Bank through the Jamaica Manufacturers’ Association (JMA) and the Jamaica Exporters Association (JEA) and is available to qualifying JMA and JEA members, on a first- come-first-served basis. The purpose of the facility is to provide short-term financing to small Jamaican business entities. The maximum loan about is J$3.5 million at an interest rate of 11% per annum.
The JMA and the National Commercial Bank have partnered to provide the manufacturing sector with a pool of J$2B for unlending. The is a secured and unsecured facility where members of the JMA can borrow at rates randing from 9.5% to 14%.
There is also a co-branded credit card which provides forty-five (45) days credit and a 1% cash back.
The JMA has a partnership with First Angels and facilitates member companies seeking equity fiancing.