National Export-Import Bank of Jamaica Ltd

EXIM Bank Financing your Business Needs

Corporate Bankers toJamaican Companies in the Productive Sector

Providing

Trade FinancingTrade Financing Medium Term Loans Medium Term Loans

Trade Credit Trade Credit InsuranceInsurance

Business Business Advisory ServicesAdvisory Services

We AreWe Are……

Who We ServeWho We Serve

The Productive SectorsThe Productive SectorsManufacturingManufacturingAgro-BusinessAgro-BusinessMiningMiningTourismTourismServicesServicesCreative Industries Creative Industries ICTICT

You do not You do not have to be a have to be a Direct Direct Exporter Exporter

to qualify for to qualify for an EXIM an EXIM loanloan

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

Linkage CompaniesLinkage Companies

We Finance the FollowingWe Finance the Following

Working CapitalWorking Capital

Equipment AcquisitionEquipment Acquisition

Retooling/ Upgrading of FacilitiesRetooling/ Upgrading of Facilities

Pre Shipment FinancingPre Shipment Financing

Receivables FinancingReceivables Financing

Debt Refinancing *Debt Refinancing *

Market ResearchMarket Research*Note: Conditions Apply*Note: Conditions Apply

Affordable FinancingAffordable Financing

10 – 13% p.a JA$ Loans10 – 13% p.a JA$ Loans

8.5 – 11% p.a US$ Loan8.5 – 11% p.a US$ Loan

Short Term FinancingShort Term Financing

Foreign Lines of Credit Cuban Line of Credit Receivables Financing (Post

Shipment) Pre Shipment Financing CoPack Facility JEA/JMA Loan Programme Insurance Policy Discounting Facility Working Capital Financing

International Lines Of International Lines Of CreditCredit

Goods can be sourced from any country across the

world

Loans refinanced for up to 270 daysLoans refinanced for up to 270 days

Competitively priced interest ratesCompetitively priced interest rates

Cuban Line of CreditCuban Line of Credit

CAN$10 millionCAN$10 million

Banco Nacional de CubaBanco Nacional de Cuba

Facilitates the exportation of Facilitates the exportation of

Jamaican Goods to CubaJamaican 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 goodsVisit our website for a list of eligible goods

Bankers Export Credit FacilityBankers Export Credit Facility

Pre Shipment FinancingMax 90 days

Up to 100% of FOB value of your export order

Pre Shipment FinancingMax 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

Post Shipment Financing

Max 120 days Up to 100% of CIF value of your export

If you are …

a co-packer or supplier of locally manufactured goods to an approved trading house & you were recommended to EXIM Bank by that trading house

… then you are eligible

Repayment period: 90 – 120 days

Co-pack FacilityCo-pack Facility

JEA/JMA Loan ProgrammeJEA/JMA Loan Programme

Eligible Borrowers: Linkage Companies to the Export

Sector <50 permanent employees

Export Ready Have excess capacity

Medium Term Medium Term FinancingFinancingUpgrading and RetoolingUpgrading and Retooling

Sectors: ExportExport TourismTourism Printing & PackagingPrinting & Packaging U-Drive U-Drive Linkage companies for the aboveLinkage companies for the above

Mix of Collateral AcceptedMix of Collateral Accepted

Medium Term Medium Term FinancingFinancing

SME Growth InitiativeSME Growth Initiative JEA/JMA Loan ProgrammeJEA/JMA Loan Programme FSMA Loan WindowFSMA Loan Window

Modernisation Fund For Exporters/ Modernisation Fund For Exporters/ TourismTourism

Any other purpose deemed acceptableAny other purpose deemed acceptable

SME Growth InitiativeSME Growth Initiative

Loan Ceiling: J$ equiv of US$500,000.00

Net Worth< JA$100 million

Annual Sales <JA$360 million

Introducing EXIM Bank’s …

FSMA Loan WindowFSMA Loan Window

If you produce Food Products for

export to the USA…

Your business WILL be affected by the newly implemented Food

Safety Modernisation Act 2011

FSMA Loan WindowFSMA Loan WindowEXPORTERS of

Fresh Produce, Baked Goods, Sweets, Condiments, Sauces & Spices,

other Processed Foods and Meat.

JA $100 million Pool JA$ Loans 6.5% -

7% p.a. US$ Loans 5% -

6% p.a.

Affected Entities

FSMA LOAN WINDOWFSMA LOAN WINDOW

Loan Purpose Conduct Gap Analysis

Equipment Acquisition Upgrade Existing Facilities

Conduct TrainingTechnical Assistance

Implementation of New Food Safety Systems

Term: Maximum 48 months

Moratorium: Maximum 6 months

Loan Term: The applicant must have an energyMaximum 48 months audit done by a Petroleum Corporation

of Jamaica approved energy auditor.Moratorium: (list available from the EXIM Bank)Maximum 6 months

Funded by the DBJ SME Energy Fund

Energy LoanEnergy Loan

Energy LoanEnergy Loan

Eligible Borrowers: Commercial & Industrial Users Energy Service Companies Manufacturers of energy efficient

equipment and devices

To include: Exporters, Agro-Processors,

Manufacturers, Aqua Culture & Poultry Farmers and companies in the Tourism Sector

Loan Purpose:

Retrofitting to accommodate:Energy EfficiencyEnergy ConservationAlternate Energy Sources

Emphasis on electricity conservation & solar energy

Energy LoanEnergy Loan

ACCEPTABLE ACCEPTABLE COLLATERALCOLLATERAL 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

MEETING YOUR MEETING YOUR NEEDSNEEDS

Relaxed Collateral Requirements

Increased Loan Limits Faster Processing Times Streamlined Business

Processes Access through AFIs

TO APPLY YOU WILL TO APPLY YOU WILL NEEDNEED Business PlanBusiness Plan

Audited and In-House Financials Audited and In-House Financials

Cash Flow Projections Cash Flow Projections

Collateral documentationCollateral documentation

Valid Tax Compliance CertificateValid Tax Compliance Certificate

Completed Application FormCompleted Application Form

Trade Credit InsuranceTrade 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

Trade Credit InsuranceTrade Credit Insurance

Covers Foreign & Domestic ReceivablesCovers Foreign & Domestic Receivables

Covers Commercial & Political RiskCovers Commercial & Political Risk

Risk Coverage – 85% & 90%Risk Coverage – 85% & 90%

Coverage available to all entities Coverage available to all entities registered in Jamaica registered in Jamaica

Trade Credit InsuranceTrade Credit InsuranceELIGIBLE TRANSACTIONS:ELIGIBLE TRANSACTIONS:

Sale of goods & services to approved Sale of goods & services to approved buyersbuyers

Sale of goods originating outside Jamaica, Sale of goods originating outside Jamaica, by Jamaican firms, to 3by Jamaican firms, to 3rdrd countries countries

Sale of goods by subsidiaries of Jamaican Sale of goods by subsidiaries of Jamaican companies operating in CARICOMcompanies operating in CARICOM

Goods trans-shipped from Jamaica’s duty-Goods trans-shipped from Jamaica’s duty-free zones to countries in the Caribbeanfree zones to countries in the Caribbean

Approved Financial Approved Financial IntermediariesIntermediaries

Scotia GroupScotia Group NCBNCB First Global BankFirst Global Bank CIBC - CIBC -

FirstCaribbean FirstCaribbean Int’l BankInt’l Bank

Sagicor BankSagicor Bank

JMMBJMMB JN Fund ManagersJN Fund Managers MF&G Trust & MF&G Trust &

FinanceFinance Mayberry InvestmentsMayberry Investments Sterling Asset Sterling Asset

ManagementManagement

Development Bank of Development Bank of JamaicaJamaica

Citibank NACitibank NA