JBDC offers loans, technical support to feeble furniture industry - Business - Jamaica Gleaner - Sunday | June 10, 2012

JBDC offers loans, technical support to feeble furniture industry - Business - Jamaica Gleaner - Sunday | June 10, 2012: "The Jamaica Business Development Corporation (JBDC) said Thursday that it has funds available to lend furniture manufacturers who can borrow up to J$5 million under a government-backed scheme.

The funds are available at 10 per cent to procure material and equipment. Repayment is in four years.

Financing is one plank of a push by the JBDC to improve productivity among local producers who are faced with competition from imported furniture worth J$15 billion.

The JBDC programme, called Furniture Jamaica, includes business-development training and the creation of a resource portal for information and marketing."

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