Support for Business
The Central Bank of Barbados supports the growth and development of local small and medium-sized enterprises (SMEs) through the provision of a guarantee (i.e. collateral) via a number of authorised lending institutions. The Enhanced Credit Guarantee Fund, developed by the Inter-American Development Bank and the Government of Barbados, provides security of up to 80% of the loan amount for businesses in several sectors engaging in development projects.
- Enhanced Credit Guarantee Fund
- Industrial Credit