Corporate Banking and Commercial Loans

Our relationship managers take the time to understand your business. We work with you to take advantage of our full range of financial products and services that can help you streamline your financial operations, manage daily business needs, and pursue your long-term plans.
Loans can either be Secured or Unsecured term loans, revolving lines (extensive lines of credit), small business loans or large corporate loans.

 

**Loans are offered by JMMB Bank (Jamaica) Limited

Commercial Loans

For when you’re ready to expand your business

If you need an uninterrupted supply of capital, look no further. Our commercial loans can give your business the funds needed to grow your operation, make much-needed purchases, or just expand your working capital.

We offer commercial loans for businesses looking to:

  • Purchase or renovate real estate
  • Acquire raw material for manufacturing
  • Purchase equipment
  • Working capital support
  • Expand existing business

Features:

  • Flexible payment plan
  • Interest rates vary with market conditions
  • We can match your loan repayment plan with your cash flow
  • Financing offered in either Jamaican or US Dollars

Want to know more? Contact us today and we’ll get you set up with our Commercial Loan Program.

 

**Commercial loans are offered by JMMB Bank (Jamaica) Limited

Construction Loans

If you need timely completion of your development, we offer Construction Loans to help you get your projects done on time, every time.

Details:

  • Competitive risk-adjusted Interest rates
  • Tenor commensurate with project profile
  • Up to 70% financing offered to fund project costs
  • Available in both Jamaican and United States Dollars

Purchaser’s Deposits are to be held by JMMB Bank in an escrow account.

Want to know more? Contact us today and we’ll discuss a customized solution for your project 

 

**Construction loans are offered by JMMB Bank (Jamaica) Limited

Renewable Energy Loan

If you care about the environment (and your wallet), you might want to explore our renewable energy loan.

Details:

  • Competitive risk-adjusted Interest rates
  • Up to 6-year term
  • Financing available up to 70% of the combined value of the inverter and panels
  • Available in both Jamaican and United States Dollars

Want to know more? Contact us today and we’ll discuss a customized solution for your project 

 

**Renewable Energy Loans are offered by JMMB Bank (Jamaica) Limited

Working Capital Financing

If you’re looking for more control over your cash flow, working capital financing could be for you. Whether your goal for improving working capital is to self-fund growth, reduce debt, expand your business reach or enhance your balance sheet, our trade and receivables finance solutions help you unlock funds trapped in inventory or receivables.

That way, you can keep the supply chain (and your business) moving forward. Added to this is a full range of commercial banking services designed specifically to help you manage incoming and outgoing cash more efficiently across your entire organization.

Want to know more? Contact us today and we’ll discuss a customized solution for your cash flow

 

**Working capital financing is offered by JMMB Bank (Jamaica) Limited

Guarantees & Standby Letters of Credit

A bank loan guarantee lets companies make purchases that they would otherwise not be able to make. That way, you can actualize business potential and expand entrepreneurial activity.
It works as a promise from a bank or other lending institution that if a particular borrower defaults on a loan, the bank will cover the loss (Note that a bank guarantee is not the same as a letter of credit).

A standby letter of credit (SLOC) is a guarantee of payment issued by a bank on behalf of a client that is used as "payment of last resort" should the client fail to fulfill a contractual commitment with a third party. Standby letters of credit are created as a sign of good faith in business transactions and are proof of a buyer's credit quality and repayment abilities.

Want to know more? Contact us today and we’ll discuss a customized solution for your business 

 

**Guarantees & standby letters of credit are offered by JMMB Bank (Jamaica) Limited

Accounts Receivable Factoring

Receivables factoring is a method of turning your invoices (where the customer promises to pay at a later date) into cash now. You get paid by the invoice factoring company, and the factoring company then gets paid by your customer.

We offer:

  • Fixed assets eg. Real estate acquisition, Equipment & motor vehicle purchases
  • Business expansion
  • Debt consolidation

Want to know more? Contact us today and we’ll discuss your accounts receivable 

 

**Accounts receivable factoring is offered by JMMB Bank (Jamaica) Limited

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