🏦 Loans
The same loan can cost hundreds of thousands more at one lender than another. See the total cost of borrowing — fees included — from every bank, credit union, micro-lender and development bank in Jamaica.
| Provider & product | Total cost of credit | Loan type | Lender | Rate from | Rate up to | Rate type | Max term | Max amount | Processing fee | Insurance (per year) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Development Bank of Jamaica (DBJ)DBJ Business Loan (via approved financial institutions) | Total cost of creditJ$105,190interest J$95,190 + fees J$10,000 Monthly paymentJ$30,422you repay J$1,105,190 in all Effective rate incl. fees6.88%at 6% | business | development bank | 6% | 12% | fixed | 120 months | J$200,000,000 | 1% | — | Visit ↗ |
| Development Bank of Jamaica (DBJ)DBJ Agriculture & Agro-processing Line | Total cost of creditJ$105,190interest J$95,190 + fees J$10,000 Monthly paymentJ$30,422you repay J$1,105,190 in all Effective rate incl. fees6.88%at 6% | agriculture | development bank | 6% | 11% | fixed | 120 months | J$100,000,000 | 1% | — | Visit ↗ |
| EXIM Bank JamaicaEXIM Bank Export / Trade Loan | Total cost of creditJ$126,575interest J$111,575 + fees J$15,000 Monthly paymentJ$30,877you repay J$1,126,575 in all Effective rate incl. fees8.33%at 7% | export / trade | development bank | 7% | 11% | fixed | 84 months | J$150,000,000 | 1% | — | Visit ↗ |
| EXIM Bank JamaicaEXIM Bank Small Business Facility | Total cost of creditJ$138,109interest J$128,109 + fees J$10,000 Monthly paymentJ$31,336you repay J$1,138,109 in all Effective rate incl. fees9.04%at 8% | business | development bank | 8% | 12% | fixed | 60 months | J$25,000,000 | 1% | — | Visit ↗ |
About these figures. 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. Spotted a wrong number? Report it and we will check it within a day. Show as cards instead
