DBJ agricultural sector loans are granted¹ for:

• Working capital for long-term farm projects
• Production of short-term crops (e.g., replanting costs for sugar cane and cash crops, pasture upgrading in dairy and beef production, and emergency needs, such as peat control and fencing)
• Rearing livestock
• Financing long-term crops, such as coffee and citrus
• Purchase of new machines and equipment
• Agro-industry projects

Eligibility Criteria

Approval will be considered for loans meeting the following criteria:

• Customer's contribution of at least 30% of the project cost as cash equity contribution
• Projects must make a positive contribution to the country's economic development (e.g., creating employment, generating foreign exchange)
• There must be a competent management structure in place
• There must be good prospects of profitable return
• Projects must be environmentally friendly
• Foreign investors may be eligible, but the Bank of Jamaica must receive approval

¹ Please note that information on services offered through third party providers, such as DBJ, may change from time to time without notice and therefore information offered on our site may not reflect current DBJ services. Contact your Scotiabank representative for further details.