Industry Loan
Imagine getting paid to do what you love!
There is a great sense of pride in building your own enterprise. You inspire others when you create jobs, contribute to economic development, generate foreign exchange, sell products that improve people's lives. Leave a thriving business as a legacy!
Loan limit: Up to 70% of the total project cost
Interest rate: 6-9% on reducing balance
Repayment period: up to 12 years
Optional grace period on principal: up to 24 months
Use of funds (includes but not limited to):
1. Manufacturing
- Agro-processing
- Soap production
- Beverage and water bottling
- Rum distillery
2. Services
- Professional firms
- Massage therapy
- Catering
- Website design and creation
- Graphic design
- Photography
- Transportation (land/sea)
To qualify you must:
- Be a citizen of the Commonwealth of Dominica
- Be over 18 years of age
Benefits:
- NO hidden charges
- Optional grace period on Principal
- Technical Support
- Subsidised project supervision reports
To apply call 448-2853 for an appointment with a Credit officer or come in to talk with us!