ECCB Communications Workshop for ECCU Media Practitioners

PRODUCT 3: THE START UP GUARANTEE

Use of Funds - Working Capital, Inventory Purchases, Investment, Expansion, Overdraft (Revolving Credit)

Loan maximum

$100,000

Guarantee %

80%

Guarantee maximum $80,000

Equity required

10%

Collateral required

20%, with a sinking fund

DSR (DSCR)

1.10 :1

Guarantee Tenor

10 years

Age of Business

3 months to 2 years

5