Axcel Finance, the leading regional microfinance institution in the Caribbean, has developed a double benefit offer for Small and MicroEnterprises .This special MicroBiz loan offer is designed to help them make purchases to restock their business for the busy holiday season, and at the same time they can win a 10% cashback on the value of the loan.
The Offer has been dubbed the “STOCK-UP LOAN PROMOTION” and is valid for a limited 30 day period.
“Christmas is the busiest and most lucrative season for small business in the country. We at Axcel Finance understand how difficult it is for them to access funds to stock up or enhance their businesses for this period. So we came up with a tailored offer to assist them, where they get to loan up to $50,000 – which is above our normal threshold. We then give 10% cash back to the winner by way of real cash which can be ploughed back in to the business or use as one deems fit.,” explained Country Manager of Axcel Finance, Jahvaun Goodwin.
Axcel Finance was set up in the region to provide necessary financing for small businesses that found it difficult to access loans to help grow their business.
“We understand the critical role that Small businesses play in the economic growth of our small developing states. Access to traditional financing proved a challenge for these businesses, so we built a system and process that caters specifically to the needs of these small business through our MicroBiz Loan. This current STOCK UP Loan Offer is just one of the innovative ways we continue to engage the business sector and to let them know that we care and they remainthe centre of everything we do”, added Jahvaun Goodwin.
Apart from the MicroBiz loan, Axcel Finance has also rolled out a loan offer to the general public, to help them handle both routine and unforeseen expenses over the next 30 days and taking into consideration the heavy costs they incurred during the all-important back to school period.
The 24-hour Xpress Loan facility dubbed “Express Yourself” allows people to apply for up to 20 thousand dollars. They can also win a 42” Television.