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(opens in a new tab)Caribbean Development Bank
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Go to Website (opens in a new tab)About Caribbean Development Bank
Caribbean Development Bank (CDB) is a regional development finance institution that provides financing, technical assistance, and policy‑based support to its borrowing member countries—including The Bahamas—to promote inclusive and sustainable economic development and reduce poverty across the Caribbean. CDB helps governments and institutions fund infrastructure, social programs, disaster resilience projects, and economic reforms that support long‑term growth and stability.
Amount
BSD 10,000 - BSD 500,000
Tenor
12 - 120 months
Min. approval time
24 hrs
Countries
Created on
March 2026
Last updated
March 2026
Requirements
The basic requirements to apply for a loan on Caribbean Development Bank include:
- • Proof of income
- • Valid ID
- • Proof of residence
- • Formal request and project proposal: A detailed letter of request and a comprehensive project proposal outlining goals, financing needs, justification, and repayment ability must be submitted through official channels.
- • Financial documentation: Demonstrating the ability to repay loans and the expected economic impact of the project is essential.
- • Eligibility: CDB typically lends to government entities, public sector institutions, development financial institutions, or private businesses that align with regional development goals.
- • Loan conditions: Terms such as debt‑to‑equity ratios, collateral/security provisions, and repayment periods (often up to 14 years including grace periods) are determined case‑by‑case.
- • Sector alignment: Projects should support strategic sectors such as infrastructure, education, energy, tourism, agriculture, finance, and housing.
How to Apply
To apply for a loan with Caribbean Development Bank , visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
