they are sole traders or are registered as limited liability companies.
New Era Finance Limited operating under the trade name O.B.F. Finance Company since 1984. We are the first micro-finance institution to have been established in Jamaica and the first micro-lender to have offered SAME DAY LOANS and still continue to do so over the years.
Our main focus is to provide quick and easy loans to micro and small businesses across the island. We target primarily those business operators who are unable to readily acquire similar assistance from the traditional banking sector. Loans are disbursed using traditional and non-traditional
Types of Loan
This plan is for persons that is employed and has an urgent need for cash to cover unexpected event and that the repayment can be by salary deductions.
Is in consideration that small farmers depend on cash-crop as an income which has a six (6) to fifty-two (52) week turn-around time to realize a return.
The target group here is enterprising persons that reside in marginalized communities who either have good jobs outside the communities or do legitimate business within the communities.
This plan targets working individuals in the Government services that are in good standing, such as police officers and all others
This package is targeting persons employed in the teaching profession in the ministry of education school system and persons employed in the hotel.