Government of Jamaica

NCB Business Grow Loan Facility


Name of Entity: 
National Commercial Bank (NCB)

Brief Description: 

The National Commercial Bank (NCB) Jamaica is the first commercial bank to establish a structured framework to provide loan offerings to MSMEs. The Bank has an established framework to provide access to loans for MSMEs. The framework includes:

  • A team of Business Bankers are designated to manage the relationship with our SMEs across Jamaica.
  • Customized products & services
  • Capacity building initiatives
  • Reward & Recognition

The Business Grow Loan Facility is a collateralized loan facility that provides financing for SMEs to assist with any legitimate business purposes including business re-tooling, energy projects, commercial property acquisition and all other business expansion, restructuring and capital expenditure initiatives.

Benefits: 

The following benefits are available:

  • Access up to 85% financing of loan purpose
  • Moratorium of 6 months on principal payments.
  • Access up to J$100million or US$ equivalent.
  • 15 years to repay for commercial property acquisition.
  • 10 years to repay for all other loans.
  • No early repayment penalty.
  • ​Competitive interest rates.

Find Contact: 

Branches Island Wide
National Commercial Bank Limited
32 Trafalgar Road
Kingston 10
Telephone: (876) 929-4622, 1-888-622-3477

Learn More: 

The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: ps_office@miic.gov.jm

Opening hours: 
Mondays - Thursdays 8:30 a.m. - 5:00 p.m.
Fridays 8:30 a.m. - 4:00 p.m.

 


 

The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm