Government of Jamaica

BizBoost Loan


Name of Entity: 
Jamaica National Small Business Loans (JNSBL)

Brief Description: 

The BizBoost loan assists small and medium-sized businesses engaged in value added activities to acquire fixed assets (except real estate) and working capital. Loans will be made to individuals or registered entities (Sole Proprietorship, Partnership or Registered Company) but loans of $2 million and over will require the possession of a valid tax compliance certificate.

Benefits: 

BizBoost funds are geared towards value added services or manufacturing oriented ventures such as those involved in the fashion/garment industry, craft, tour transportation, professional services and light manufacturing. Agriculture and agro-processing ventures are also eligible.

  • Borrow from a minimum of $1,500,000 to a maximum $15,000,000
  • Get up to five years to repay
  • Get a maximum moratorium of six months
  • Processing fee is charged upon disbursement of loan

Find Contact: 

Branches Island Wide
Jamaica National Small Business Loans Head Office
32 ½ Duke Street
Kingston
Tel: (876) 948-7454-5

 

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: information@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