Business Reactivation Facility

The Beryl Business Reactivation Facility offers a combination of grants and
concessionary loans to support businesses affected by Hurricane Beryl in
Carriacou, Petite Martinique and the northern part of Grenada.

Key Features of the Facility


1. Loan Component


Loan Amount: Up to EC $500,000 based on business needs


Interest Rate: 1% to help businesses recover

Collateral/Security: options include property, mortgages, cash, equipment,

etc.


Repayment Terms: Up to 10 years with a 1-year grace period


Use of Loan: Can be used for rebuilding, equipment, inventory and working

capital.

2. Grant Component

Debt Relief: Grants to cover debt service payments for up to six months.

Technical Support: Helps improve business resilience and competitiveness

Interested individuals can access application documents at:

• The GDB Beryl Relief Office in Carriacou (Resource Centre, Hillsborough)
• The GDB Office in St. George's, or
• Online through the following links:

Loan Application form:
https://forms.gle/ZoDHYTq6fhgEWZvy7  
Grant Application Form:
https://forms.gle/fyMFtT81XCVNLFre6

The GDB will conduct a comprehensive assessment of your application, based on your financial need, the scale of the damage, and the expected economic impact of the support.


Contact Information


Phone/WhatsApp: 1 (473) 403-4090 or 1 (473) 403-4091

Email: brf@gdbbank.com