Guarantee Scheme for SME Credits in Caribbean Territories Grant
organisation
An organisation
In context
This call is open to small and medium-sized businesses. Coverage is read from the notice itself: Aruba, Curaçao and Sint Maarten. The funder accepts early-stage applicants.
This is a government-backed guarantee scheme that provides credit guarantees to small and medium-sized enterprises (SMEs) operating in three Caribbean territories, reducing lending risk for financial institutions. The scheme is designed to improve SME access to finance by guaranteeing a portion of their loan obligations.
About this grant
The BMKB ACS (Guarantee Scheme for SME Credits Aruba, Curaçao and Sint Maarten) is a government-backed credit guarantee programme designed to help entrepreneurs on Aruba, Curaçao, and Sint Maarten secure financing when they lack sufficient collateral. The scheme increases the pledge security for companies, thereby improving their access to credit both in the present and future. The Ministry of Interior Affairs provides a government guarantee of 90% on participating loans, reducing the risk to lenders and enabling businesses to borrow money they might otherwise be unable to obtain.
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Frequently asked questions
- How much funding does this grant offer?
- Guarantee Scheme for SME Credits in Caribbean Territories offers $1.6M.
- When is the Guarantee Scheme for SME Credits in Caribbean Territories deadline?
- Applications close 1 Jul 2027 23:59.
- Who can apply for Guarantee Scheme for SME Credits in Caribbean Territories?
- Eligibility covers organisations in AW, CW, SX; sme. The full eligibility conditions are part of the Pro detail.
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