The FGB Hospitality Expansion Loan is designed for hoteliers to increase their accommodation and revenue through expansion. Offer your guests the best when you expand with an FGB Hospitality Expansion loan today!
Features & Benefits
Borrow up to JM$150 million or up to 80% of project cost
Competitive interest rates as low as 18.75%
Flexible repayment options with up to 10 years to repay
Payment holiday available for up to 12 months*
Terms & Conditions
For project financing, customers must provide 20% of the cost
The account will be subject to annual reviews and attract an annual review fee of 0.5%
The main operating account must be maintained at FGB and may be opened after the loan is approved