This is a dedicated TTD $1 Billion Financial Support Programme to boost the local Manufacturing Sector in Trinidad and Tobago. The facility offers up to TTD $35 million per eligible borrower, aimed at helping local manufacturers improve productivity, increase exports, and reduce import dependency.
Eligible clients can benefit from enhanced financing solutions designed to support their growth and operational needs. These include up to 100% funding for capital expenditure and equipment acquisition, access to competitive interest rates and support for both specialised equipment purchases and working capital requirements.
Clients can also leverage specialised assets as security, enjoy moratoriums aligned with asset commissioning plus an additional six (6) months, as well as take advantage of flexible repayment terms tailored to their business objective.
Corporate and Commercial entities involved in the manufacturing sector who have a feasible intent to enhance competitiveness, increase export potential and reduce import dependency.
The facility is open to all Corporate and Commercial Businesses in the manufacturing sector with proven credit worthiness.
Any single entity can borrow up to a maximum of $35Million.
- The entity must be in business for at least 5 years or more in the manufacturing sector.
- Must have current Business Financials.
- Loan purpose is for Capex/Equipment Financing /Working Capital.
- Up to 100% financing.
- Moratoriums on repayment to facilitate mobilization and commissioning.
- Flexible repayment terms in line with industry and cash conversion cycle.
- Security on Specialised Equipment.
- Extended repayment terms in line with economic life of asset capped at 15 years.
Corporate and Commercial entities can click here to make manufacturing expansion happen.