BOSL / ECPCGC Guaranteed Loans

About the Programme

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) provides Partial Credit Guarantees to financial institutions on behalf of eligible Micro, Small and Medium Enterprises (MSMEs) who need to borrow money to fund their business growth.

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) provides the Financial Institution with a Guarantee of the amount that is used to provide security for the Borrower (MSME) who does not have the requisite security for the loan.

How to qualify for Guarantee Funding:

The guarantee programme is open to business-persons operating in the Eastern Caribbean Currency Union ECCU. The conditions for borrowing are:

1. The business must be registered.
2. Annual revenue must be no more than XCD 2,000,000.
3. Number of employees must be less than 50.
4. The borrower must provide 10 - 25% equity in the project for which the loan is sought.
5. The borrower must provide collateral of 20-25% to the participating lender.
6. There is a fee of 1.5% payable on the amount guaranteed.

Programmes on Offer

1. Classic Guarantee
2. Working Capital Guarantee
3. Start Up Guarantee
4. TaiwanICDF Women’s Guarantee

Click here to download the brochure.

Testimonial - Owner of REPTS - Rodja Constantine

Testimonial - Owner of Tastee Tings- Kerian Clery