DBJ Business Loan (via approved financial institutions)
Indicative| Loan type | business |
|---|---|
| Lender | development bank |
| Rate from | 6% |
| Rate up to | 12% |
| Rate type | fixed |
| Max term | 120 months |
| Max amount | J$200,000,000 |
| Processing fee | 1% |
| Processing fee (flat) | โ |
| Legal / documentation fee | โ |
| Valuation / inspection fee | โ |
| Stamp duty & registration | โ |
| Insurance (per year)Creditor-life / peril insurance the lender requires, as % of the loan per year | โ |
| Other one-off fees | โ |
| Late payment fee | โ |
| Security required | Business assets / property |
| Who it suits | MSMEs and large projects โ apply through a bank, credit union or micro-lender that on-lends DBJ funds |
DBJ wholesale funds are lent through banks, credit unions and MFIs; the AFI sets the final rate.
Source: www.dbankjm.com ยท Last verified: not yet ยท Rates are headline rates published by each lender and vary with your credit profile, security and term. Fees (processing, legal, valuation, stamp duty, insurance) are typical published figures. Confirm with the lender before applying.
