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Jamaica

Jamaican opposition party considering factoring proposal

Jamaica s main opposition party, the People s National Party (PNP), has revealed that it is considering the development of factoring to help support small and medium sized businesses in the region. (more…)

#bank#invoice#receivables financing

DBJ loans not reaching SMEs

SME representatives claim that banks are holding government funding back from the sector. (more…)

#bank#security#smes


First Global finishes first transaction with IDB trade finance...

Jamaican commercial bank First Global Bank has closed its first transaction through IDB's trade finance facilitation program (more…)


First Global to increase share of SME market through...

First Global Bank (FGB) has received a loan of up to US$6 million from the Inter-American Investment Corporation (IIC), which…


NCB takes a risk offering unsecured loans to SMEs

The National Commercial Bank is offering unsecured credit or financing to SMEs whose working capital is tied up in outstanding receivables from…

#bank#interest rates#management


Past due receivables- a growing headache for firms

Even in instances where companies do not take the extraordinary step of booking charges, they are still troubled by what…


Member of Parliament launches small business project

Member of Parliament for North West St James Dr Horace Chang launched a small business development project in his constituency.…

#i#small business#WHO


Scotiabank unit launches US$16.7m SME fund

Scotiabank Jamaica has launched a J$1bn (US$16.7m) small- and medium-sized enterprise (SME) financing programme, focusing on export-related activities and job…

#bank#credit risk#risk

Small businesses turn to credit unions

Jamaica's small business community is looking more to the financial services offered by local credit unions rather than those of…

#financial services#interest rates#MAN

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