CompareJAby CRM Jamaica Group
Development Bank of Jamaica (DBJ)

DBJ Business Loan (via approved financial institutions)

Indicative
Loan typebusiness
Lenderdevelopment bank
Rate from6%
Rate up to12%
Rate typefixed
Max term120 months
Max amountJ$200,000,000
Processing fee1%
Processing fee (flat)โ€”
Legal / documentation feeโ€”
Valuation / inspection feeโ€”
Stamp duty & registrationโ€”
Insurance (per year)Creditor-life / peril insurance the lender requires, as % of the loan per yearโ€”
Other one-off feesโ€”
Late payment feeโ€”
Security requiredBusiness assets / property
Who it suitsMSMEs and large projects โ€” apply through a bank, credit union or micro-lender that on-lends DBJ funds

What this really costs

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.

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