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Republic Bank, in its continued efforts to fuel small business growth and support national economic development, has unveiled its most recent product of guaranteed loans of up to EC$300,000 for small businesses and up to EC$100,000 for Start-Ups.
This is made possible through a partnership with the ECCB and the World Bank under the Eastern Caribbean Partial Credit Guarantee Corporation, (ECPCGC). The ECPCGC provides guarantees to participating financial institutions to assist Micro, Small and Medium Enterprises (MSMEs), to access loans financing.
With the signing of this Partnership agreement, Small Businesses which are viable yet unable to meet normal lending criteria, can now access through Republic Bank, 3 guaranteed loan products, namely start-up loans, working capital loans and loans for general business operations and growth.
Managing Director Michelle Palmer has welcomed this partnership stating that “Partnering on this initiative gives us tremendous opportunities to have wider reach and impact to stimulate economic growth and development in our operating territories. It also allows us to empower through financing, a key sector of our economy – our Micro, Small and Medium Enterprises (MSMEs) which make up 70 to 85 percent of businesses in the Eastern Caribbean, generate 50 percent of national employment and contribute up to 70 percent of GDP”
Small Businesses in St. Lucia, St. Kitts and Nevis, Dominica, St. Vincent and the Grenadines and Grenada are encouraged to call and speak to a Business Banking Manager to discuss how Republic Bank can assist with their various unique needs. Customers and potential customers can also visit (www.republicbankec) for further information on our small business portfolio.
Republic Bank, in its continued efforts to fuel small business growth and support national economic development, has unveiled its most recent product of guaranteed loans of up to EC$300,000 for small businesses and up to EC$100,000 for Start-Ups.
This is made possible through a partnership with the ECCB and the World Bank under the Eastern Caribbean Partial Credit Guarantee Corporation, (ECPCGC). The ECPCGC provides guarantees to participating financial institutions to assist Micro, Small and Medium Enterprises (MSMEs), to access loans financing.
With the signing of this Partnership agreement, Small Businesses which are viable yet unable to meet normal lending criteria, can now access through Republic Bank, 3 guaranteed loan products, namely start-up loans, working capital loans and loans for general business operations and growth.
Managing Director Michelle Palmer has welcomed this partnership stating that “Partnering on this initiative gives us tremendous opportunities to have wider reach and impact to stimulate economic growth and development in our operating territories. It also allows us to empower through financing, a key sector of our economy – our Micro, Small and Medium Enterprises (MSMEs) which make up 70 to 85 percent of businesses in the Eastern Caribbean, generate 50 percent of national employment and contribute up to 70 percent of GDP”
Small Businesses in St. Lucia, St. Kitts and Nevis, Dominica, St. Vincent and the Grenadines and Grenada are encouraged to call and speak to a Business Banking Manager to discuss how Republic Bank can assist with their various unique needs. Customers and potential customers can also visit (www.republicbankec) for further information on our small business portfolio.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
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