Search results for : loan
March 30, 2020
More than 600 businesses apply for 14 million in loans
Peter Turnquest.To date 616 businesses have requested a total of $14.88 million from the government's Business Continuity Program for micro, small and medium enterprises (MSMEs), Deputy Prime Minister and Minister of Finance Peter Turnquest revealed today...
So far 200-plus apply for business continuity loan
March 30, 2020
So far 200-plus apply for business continuity loan
Edison Sumner.In excess of 200 businesses have already applied for the government's Business Continuity Program, which provides a portion of a $20 million loan facility to micro, small and medium-sized enterprises (MSMEs). And the numbers are expected to grow, according to Edison Sumner, who is the [...]
The post So far 200-plus apply for business continuity loan appeared first on The Nassau Guard...
Bahamas Development Bank Offers Deferral of Loan Payments for Borrowers Impacted by COVID-19
March 26, 2020
Bahamas Development Bank Offers Deferral of Loan Payments for Borrowers Impacted by COVID-19
The Bahamas Development Bank (BDB) is working with the government and other agencies to deliver immediate relief to businesses impacted by the COVID-19 pandemic...
Applications pour in for 20 million loan facility
March 26, 2020
Central Bank brokers three-month loan deferral
March 25, 2020
Central Bank brokers three-month loan deferral
Borrowers in good standing will benefit from a three-month deferral on the repayment of their loans, now that the Central Bank of The Bahamas (CBOB) has made special arrangements with domestic commercial banks and credit unions...
Bahamians Borrowers Impacted by COVID-19 To Get Three Month Break on Loans Payments with Banks & Credit Unions
March 24, 2020
Bahamians Borrowers Impacted by COVID-19 To Get Three Month Break on Loans Payments with Banks & Credit Unions
~Business and consumer loans ...Loan Accounts must be in good standing to benefit...
March 24, 2020
Some borrowers to benefit from three-month loan deferrals
The Central Bank of The Bahamas.The Central Bank of The Bahamas (CBOB) has made special arrangements with domestic commercial banks and credit unions to allow borrowers in good standing to benefit from a three-month deferral on the repayment of their loans, the CBOB announced today...
March 24, 2020
Govt to begin 20M small business loan program tomorrow
Davinia Grant.The Access Accelerator/Small Business Development Centre (SBDC) will soon begin distributing the $20 million allocated to it for small businesses impacted economically by the country's shutdown because of coronavirus (COVID-19), according to a press statement from the SBDC. The Business Continuity Loan Program officially launches [...]
The post Govt to begin $20M small business loan ...
March 23, 2020
Government provides Business Continuity Loan Program for Small Businesses
Through the Access Accelerator Small Business Development Centre, the Government of The Bahamas has allocated $20 million to assist small businesses impacted by the COVID-19 outbreak...
Business loans as early as next week
March 20, 2020
Business loans as early as next week
The government hopes to be in a position to begin facilitating that $20 million loan for small businesses impacted by the outbreak of COVID-19 as early as next week, with a turnaround for approval taking place in as little as four days, Financial Secretary Marlon [...]
The post Business loans as early as next week appeared first on The Nassau Guardian.
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