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[JAMAICA] || Capital & Credit Financial Group Renewable Energy Loan

Capital and Credit Financial Group is offering loans as low as 9.5 per cent, pitched at renewable energy sector through its merchant-banking arm. The loans, which are capped at J$5 million, can be used to finance renewable energy and solar water-heater systems.

Among the projects that new and existing clients of the merchant bank can use the funds to finance are windmills, solar panels or turbines. Loan recipients will get a maximum 10 years to repay.

Offering financing for solar water heaters up to a maximum of J$250,000 with repayment period of three years. The loan products has been on the market since October 3, 2011. Renewables are a new line of business for CCMB, whose suite of products includes personal and corporate loans.

Capital and Credit is one of the many institutions now pushing to ‘go green’.

Renewable Energy Loan

Read presentation: AMCHAM || Capital___Credit_Renewable_Energy_Loan (344.5 KiB, 1 hits)

Put the power in your hands: Access a Renewable Energy Loan and reduce your reliance on the national power supply, while contributing to the protection of the environment.

Benefit from a low interest rate loan of up to J$5 Million to purchase solar panels, wind turbines and other “green energy” investments, with a maximum 10 years to repay.

Financing of up to J$250,000 is also available to purchase Solar Water Heaters, with a maximum repayment term of 3-years.

Who Can Benefit

  • Individuals that have equity in their house, property or car.
  • Companies with approved collateral.

What You Get

  • Attractive Interest Rates –     as low as 9.5%.
  • Flexible Payment Terms –     up to 10 years to repay Renewable Energy Loans;
    and up to 3 years for Solar Water Heater Loans.
  • Greater Accessibility –     You’re not limited by the number of
    loans you already have, but by your ability to repay.
  • Flexible Repayment Terms –     make your monthly payments through Standing Order

deductions and Automated Clearing House (ACH) services.

Scotiabank has facilities in place that can be used for renewable-energy products, as well as government entities such as the EXIM Bank, National Housing Trust and the Development Bank of Jamaica.

Category/ies:Funding Opportunities.
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