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Invest Caribbean Unlocks More Capital Sources For Caribbean, US, Latin American Companies In 2023

Black Immigrant Daily News

News Americas, NEW YORK, NY, Fri. Jan. 13, 2023: The Caribbean and Latin America is home to a vibrant and diverse business community but accessing capital can be a challenge for many business owners and project developers. But Invest Caribbean, the global private sector investment agency of the Caribbean, is kicking off 2023 with more capital sources for many business owners and project developers in the region and the U.S. under one roof.

“Post pandemic, ICN has expanded its capital sources through major partnerships across the Caribbean, Latin America and the US to give qualified businesses and developers ease of access to multiple sources of capital in varied sectors across these regions by connecting with one agency,” said Felicia J. Persaud, founder of ICN.

“Our one stop business solutions service is unprecedented in this region where more and more, there is the emergence of multiple talk shops but little real solutions to foster growth and access to capital. ICN is focused on partnerships to help ease the burden of lack of access to capital in this region and make it easier for companies and developers to focus on doing what they do best – expand and grow,” Persaud added.

Financing is now available across most of the region and US for loans and equity for existing companies seeking to expand in the sectors of:

Commercial Real Estate

Export loans

Manufacturing/Distribution

Consumer Retail/Food & Beverage

Agriculture And Food Security

Financial Services

Information Technology

Renewable And Fossil Fuel Energy

Healthcare, Mining

Biotech

Mining

Marijuana Real Estate – Land, Commercial Buildings, Dispensary. 

OPTIONS

Options include:

Micro to small business loans for existing businesses Jamaica.

Access SME business loans from US$1,000 in the US including equipment loans from USD 5,000 and SBA and real estate loans from US$25,000.

Commercial loans and equity for Caribbean entities poised to expand and grow in sectors of commercial real estate, export loans, manufacturing/distribution, consumer retail/food & beverage, agriculture and food security, financial services, information technology, renewable and fossil fuel energy, healthcare.

Commercial real estate and business loans in the US market especially in health care, manufacturing, and logistics.

Commercial and residential mortgage loans for persons and entities in the Cayman Islands.

Expansion capital for medium sized companies in Puerto Rico looking to expand.

Long term agricultural expansion loans in the US, Caribbean and Latin America for mid-sized companies that are seeking to expand or improve processing & handling facilities; dry & refrigerated storage facilities; transportation & distribution; export production capacity or port infrastructure.

PRE-QUALIFICATION

For major loans and equity consideration for all of our products, companies must be in business for at least three years and have audited financials.

OTHER SERVICES

Additionally, ICN is able to help companies seeking bridge capital in the real estate sector; financial institutions and governments seeking bond market raises and loans and M&A deals.

ICN also offers one-on-one business consultancies and marketing solutions via monthly subscriptions to help a business grow digitally or prepare for a capital raise.

See all service options now available from Invest Caribbean HERE

For questions on how ICN can help, connect today.

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GUYANA-INVESTMENT-President Ali calls on Indian investors to explore investment opportunities in Guyana

Black Immigrant Daily News

The content originally appeared on: Cana News Business

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GUYANA-ENERGY-Guyana company signs MOU with Indian company to recruit skills for oil and energy sector

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BARBADOS-AID-World Bank approves funds for Barbados’ green and resilient recovery

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JAMAICA-TOURISM-Government wants private sector involvement in Mountain Coffee Festival

Black Immigrant Daily News

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SURINAME-DEBT-India agrees to debt restructuring with Suriname

Black Immigrant Daily News

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CARIBBEAN-TRADE-ECLAC says Ukrainian war and less dynamic global economy have impacted trade in LAC

Black Immigrant Daily News

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Exxon-led group to develop fifth major oilfield off Guyana

Black Immigrant Daily News

News Americas, GEORGETOWN, Guyana, Tues. Jan. 10, 2023: A consortium led by Exxon Mobil (NYSE:XOM) will develop a fifth major oilfield in the prolific Stabroek Block off the coast of Guyana at an estimated cost of $12.7B, Guyana’s government said Tuesday.

The Uaru-Mako project currently under review could come onstream in the next three years, adding as many as 63 more wells to the 30 already drilled in the block by the group, which also includes Hess (NYSE:HES) and China’s CNOOC (OTCPK:CEOHF).

Releasing the field’s specifications for public review, Guyana’s Environmental Protection Agency said Uaru-Mako has at least 1.3B barrels of crude to add to the 10B-plus barrels in recoverable reserves the consortium has estimated so far.

According to the deal terms, the consortium will pay up-front development costs and recover 75% when revenues roll in; Exxon (XOM) will receive additional revenues equivalent to another 12.5% of the cost, and Guyana will collect the final 12.5%, or ~$1.6B, as well as a 2% royalty on any revenues thereafter.

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ST. VINCENT-BUDGET-Opposition Leader dismisses budget as “old announcements, reheated and dished out again’

Black Immigrant Daily News

The content originally appeared on: Cana News Business

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ST. VINCENT-BUDGET- Finance Minister says buying newer cars will be cheaper overall

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