Government of the Republic of Trinidad and Tobago

Small and Medium Enterprises Stimulus Loan Programme​

What is the SME Stimulus Loan Facility?

The SME Stimulus Loan Facility is a government-sponsored loan programme of up to TT$300 million to help micro, small and medium-sized businesses impacted by the COVID-19 pandemic.

The Loan is a Government guaranteed loan granted for a maximum of 5 years with a 2-year moratorium on principal payments. The GORTT guarantees 75% of the loan and no payment is required by the customer for 2 years. The interest on the SME Stimulus Loan will be paid by the GORTT and there are no handling fees on these facilities.

Who can apply?

Eligible Small and Medium Enterprises that have been impacted by the COVID-19 pandemic are invited to apply for the SME Stimulus Loan. Loans will be facilitated via participating Commercial Banks i.e. First Citizens Bank, Republic Bank, Scotiabank and RBC Royal Bank.

Participating Commercial Banks

First Citizens Bank

Republic Bank

Scotia Bank