Our Loan Packages

We offer financing solutions across the major economic sectors in Barbados.

Loan packages have been UNIQUELY designed to meet the needs of persons and businesses operating in these sectors.

Business Boost Loans

Start-ups in operation for 1 year or less (ALL SECTORS)

Loan Range $1,000 – $25,000

Interest Rate 6% per annum

Repayment Period 1 year – 5 years

Moratorium Period 1 month – 6 months

Business Escalator Loans

Doing Business in the Agriculture, Manufacturing, Construction, Tourism sectors

Loan Range $1,000 – $150,000

Interest Rate 6.5% per annum

Repayment Period 1 year – 15 years

Moratorium Period 1 month – 12 months

Business Facilitator Loans

Doing Business in the Retail & Distribution or Services sectors

Loan Range $1,000 – $100,000

Interest Rate 7% per annum

Repayment Period 1 year – 10 years

Moratorium Period 1 month – 3 months

Business Pro Loans

For Professionals such as Doctors, Lawyers, Accountants, Engineers, etc…

Loan Range $1,000 – $100,000

Interest Rate 7.5% per annum

Repayment Period 1 year – 15 years

Moratorium Period 1 month – 3 months

Business Innovator Loans

Doing Business in the fileds of S.T.E.M, Creative Industry, I.C.T, Renewable Energy

Loan Range $1,000 – $150,000

Interest Rate 6% per annum

Repayment Period 1 year – 15 years

Moratorium Period 1 month – 12 months

Flexible Security Options

Areas of Funding

  • Guarantees

  • Bill of Sale

  • Bonds

  • Fixed Deposits

  • Salary Deductions

  • Life Insurance Policies

  • Property

  • Mutual Funds

  • finance fixed assets

  • purchase stock

  • working capital

  • advertising & marketing

  • renovations of new/expanding businesses

  • for training, research & development

  • EXCEPTIONS