DBJ CREDIT ENHANCEMENT FACILITY
Credit Enhancement Facility (CEF)
Access Business Financing
with Greater Confidence
Many micro, small, and medium-sized enterprises (MSMEs) face challenges securing business loans because they cannot provide sufficient collateral.
The Development Bank of Jamaica’s Credit Enhancement Facility (CEF) helps bridge this gap by providing a partial loan guarantee, making it easier for eligible MSMEs to access financing for business growth and expansion.
CEF Impact Over the Years
58,380
Jobs Created
J$50.05B
Investments Supported
J$39.63B
Loans Supported
3,349
Number of Loans Supported
Businesses in all 14 parishes
Received collateral support under the CEF
★ We make access to funding possible! ★
Key Features of the Improved CEF
HIGHER GUARANTEE LIMITS
General MSME Loan Guarantee
Up to
J$30 million
Small Loan Guarantee
Up to
J$10 million
Start-up Loan Guarantee*
Up to
J$5 million
Percentage Coverage
General MSME Loan Guarantee
80%
Small Loan Guarantee
90%
Start-up Loan Guarantee*
80%
Fast Processing
The application process has been streamlined through automated administrative processes, resulting in quicker turnaround times and a simpler application experience.
Eligibility Requirements
Annual turnover of J$425 million or less
Start-up businesses have been operating for more than 12 months
Business has been operating for more than 24 months
Demonstrate a satisfactory credit history
Guarantee Fee
An annual fee of
2% plus GCT
is charged on the guaranteed amount.
How To Apply
Eligible MSMEs should submit their loan applications through a qualified financial institution participating in the DBJ Credit Enhancement Facility Programme.
Your financial institution will assess your loan application and, where appropriate, apply for the CEF guarantee on your behalf.
Apply
Your financial institution will assess your loan application and, where appropriate, apply for the CEF guarantee on your behalf.
Ready to Access Financing?
The DBJ Credit Enhancement Facility helps your business get the support it needs to grow, expand and succeed.
Apply through a participating financial institution today.
