FGB Livestock Loan
Jamaica
Are you building farmhouses? Or need to build solid wall chicken houses and pig pens? The FGB Livestock Loan provides the shelter and building resources necessary for your livestock farm. Tailored to suit the needs of farmers, our repayment plans are designed with you in mind. The loan has features and benefits such as:
• Borrowing up to J$200 Million or up to 90% financing for your project or up to 80% of the forced sale value of the property being used as security
• Flexible payment terms with monthly interest payments and quarterly principal repayment terms, making it easier for you to repay
FUNDS
US$500,000 - US$500,000
INTEREST RATE
12%
INDUSTRIES
Agriculture & Livestock
Eligibility
ANNUAL REVENUE
US$500,000 - US$500,000
REQUIRES COLLATERAL
4 YEARS
Qualifications
Requires security in form of land, birdhouses or pig houses
1 month payment required to be held in reserve for the life of the loan
The borrower must have a debt to credit ratio of 1.25 times the amount they wish to borrow.
Documents Required
N/A
Application Process
To apply for this loan, a business must access First Global Bank's website and locate the FGB Livestock Loan page in the Products section of the website. Access the application portal located at the end of the page labelled "Get Started Now" and fill out accordingly.
Other Information
A moratorium/payment holiday is available dependent on the tenor of the project.
First Global Bank Limited
First Global Bank Limited is a comprehensive provider of first-rate commercial banking products and services inclusive of SME Business, Personal Banking, Corporate Business and other banking products and is also registered to operate in Jamaica by the Bank of Jamaica.
2 St. Lucia Avenue, Kingston 5, Jamaica W.I
876-832-9298
876-833-0338
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