ECCB Communications Workshop for ECCU Media Practitioners
PRODUCT 2: THE WORKING CAPITAL GUARANTEE
Use of Funds - Working Capital needs to get businesses back to normal.
Loan maximum
$200,000
Guarantee %
80%
Guarantee maximum $160,000
Equity required
10%
Collateral required
20%, with a sinking fund
DSR (DSCR)
1.10 :1
Tenor of guarantee
5 years
Age of Business
> 2 years
Moratorium of principal 1 year
4
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