1. National Export-Import Bank of Jamaica Ltd
EXPECT TO SUCCEED

2. Our VISION
To facilitate Jamaica becoming a net exporting country by being a visionary, innovative and creative trade financing institution.

3. Our MISSION
To facilitate sustainable economic growth through increased exports and sustained job creation by providing competitively-priced trade financing solutions to the productive sector including exporters, potential exporters and direct suppliers to exporters.
This we will achieve by being visionary, innovative, creative, customer-focused and viable with a highly efficient, motivated and performance-driven team.

4. 100% Government Owned …but Independently financed
Managed by a Board of Directors
experienced in many fields
from both the private and public sectors.

5. We Are… Corporate Bankers to Jamaican Companies in the
Productive Sector
Providing
Trade Financing,
Medium Term Loans &
Trade Credit Insurance

6. EXIM’s Mandate Foster Economic Growth & Development Entrepreneurship
Emphasis on…..
Entrepreneurship
Small & Medium Sized Business
Financing Key Growth Areas

7. Who We Serve The Productive Sectors Manufacturing Agro-Business Mining
Tourism
Services
Creative Industries
ICT

8. Linkage Companies You do not have to be an Exporter
to qualify for an EXIM loan
If your company supplies
goods and/or services
to a company within
the Productive Sector
you may also be eligible for
EXIM Bank’s low cost financing

9. Tourism & its LINKAGES Service Providers Outside Contractors Florists
Janitorial Service
Agro-Processors
Suppliers

10. We Finance the Following:
Working Capital
Equipment Acquisition
Retooling/ Upgrading of Facilities
Pre Shipment Financing
Receivables Financing
Debt Refinancing *
Market Research
*Note: Conditions Apply

11. Affordable Financing
10 -12% p.a. JA$ Loans % p.a. US$ Loans

12. EXIM Bank’s Credit Facilities
Type Term
Short Term
Foreign Currency Line days
of Credit (LOC)
SMTE days
Cuban Line of Credit days

13. EXIM Bank’s Credit Facilities
Type Term
Short Term
BECF/ ECF days
Pre Shipment days
Post Shipment days
JEA/ExBed days

14. EXIM Bank’s Credit Facilities
Type Term
Medium Term
SME Growth Initiative mths
Modernization Fund mths
for Exporters
** Moratorium of up to 6 months , on principal payments are allowed if warranted
SME Energy Loan mths
SMTE Loan (for tourism entities only) 60 mths

15. Cuban Line of Credit CAN$10 million Banco Nacional de Cuba
Facilitates the exportation of
Jamaican Goods to Cuba
EXIM Bank pays you 100% of the value of your export order, upon receipt of shipping documents, and then waits to collect from the Cuban Authorities.
Visit our website for a list of eligible goods

16. Bankers Export Credit Facility
Pre Shipment Financing
Max 90 days
Up to 100% of FOB value of your export order
Post Shipment Financing
Max 120 days
Up to 100% of CIF value of your export
BECF offers pre and post shipment financing. To be eligible you must be a Jamaican exporter of non-traditional goods which are produced in Jamaica. Goods that are re-packaged for export are not eligible, neither are traditional goods such as sugar, bananas, bauxite and alumina.
For preshipments, finanancing is up to 90 days and it covers up to 100% of FOB export value.
Post Shipment financing goes up to 120 days, and covers 100% of CIF value of your export order.

17. JEA/JMA Loan Programme
J$3.5million Loan Ceiling
Working Capital Support
Light Equipment
Eligible Borrowers: Linkage Companies to the Export Sector <50 permanent employees Export Ready Have excess capacity

18. SME Growth Initiative 10%-12% p.a. JA$ Loans Loan Ceiling:
J$ equiv of US$500,000.00
Net Worth< JA$100 million
Annual Sales <JA$360 million

19. SMTE Loan Facility 60 months to repay Moratorium – up to 12 months
Must be in operation for at least 2 years
At least 25% of gross revenue must be derived from the tourism sector

20. Trade Credit Insurance
Protects your business against non-payment of receivables by local or foreign buyers.
With TCI you can claim for up to 85% of the value of your receivables – for non payments and for payments over 120 days

21. Trade Credit Insurance
Covers Foreign & Domestic Receivables
Covers Commercial & Political Risk
Risk Coverage – 85% & 90%
Coverage available to all entities registered in Jamaica

22. Trade Credit Insurance
ELIGIBLE TRANSACTIONS
Sale of goods & services to approved buyers
Sale of goods originating outside Jamaica, by Jamaican firms, to 3rd countries
Sale of goods by subsidiaries of Jamaican companies operating in CARICOM
Goods trans-shipped from Jamaica’s duty-free zones to countries in the Caribbean

23. Acceptable Collateral
Mortgage over Real Estate
Bank Guarantees from the Bank’s Approved Financial Intermediaries (AFI)
Bill of Sale over Equipment
Hypothecation of Financial Instruments
Assignment of Receivables

24. Meeting Your Needs Relaxed Collateral Requirements
Increased Loan Limits
Faster Processing Times
Streamlined Business Processes
Access through AFIs

25. Approved Financial Intermediaries
BNS
NCB
First Global Bank
CIBC - FirstCaribbean Int’l Bank
Sagicor Bank
JMMB
JN Fund Managers
MF&G Trust & Finance
Mayberry Investments
Sterling Asset Management
Development Bank of Jamaica
Citibank NA
Access EXIM Bank’s loan facilities through our AFIs:
These are the 15 or so commercial banks, merchant banks, money market institutions and development banks with whom you are probably already affiliated. You are able to access our small business loans through any of these institutions across the island. Just tell them that you would like an EXIM Bank Small Business loan and they should all be geared to assist you. If you experience any problems..or simply if you prefer to do so, you may also approach EXIM Bank directly.

26. To Apply You Will Need Business Plan Audited and In-House Financials
Cash Flow Projections
Collateral documentation
Valid Tax Compliance Certificate
Completed Application Form

27. Start your application on-line
How to apply
Directly from the EXIM Bank
Through AFIs
Website
There is much more that the Bank has to offer. Please visit our website for more information. You can even download application forms , which you can fill in and bring to our office at 11 Oxford Road.
Or visit our Office at
85 Hope Road, Kingston 6
Telephone:

28. There is much more that the Bank has to offer
There is much more that the Bank has to offer. Please visit our website for more information. You can even download application forms , which you can fill in and bring to our office at 11 Oxford Road.

30. Thank You