ABOUT PANVESCO

ABOUT PANVESCO

18 December 2020
WHO CAN APPLY

WHO CAN APPLY

18 December 2020
HOW TO APPLY

HOW TO APPLY

18 December 2020
CONTACT PANVESCO

CONTACT PANVESCO

18 December 2020

WHO CAN APPLY

APPLICATION CRITERIA

PAN TRINBAGO INVESTMENT CORPORATION

WHO CAN APPLY/CRITERIA

1. CRITERIA

  • The band must be in existence and registered with Pan Trinbago Inc. for a minimum of Three (3) years.
  • Must have elected an Executive and governed by a Constitution/Bye Laws.
  • Must fall with the categories of Single Pan or Conventional Steelband.
  • Application are adjudicated on by a selected Credit Committee
  • No band should be indebted to Panvesco at any time for more than one loan.

2. BASIS FOR APPLICATIONS

  • Projects with earning potential
  • To purchase equipment i.e. Pans, Stands, uniform etc.
  • To construct/improve pan yards
  • Revenue-based purposes
  • Arranger/Tuner fees

NB: DOCUMENTARY EVIDENCE TO BE PROVIDED FOR ALL PURPOSE I.E. QUOTATION, INVOICES, PROFORMA INVOICES ETC.

3. INTEREST RATE

  • All loans are subjected to a ten Percent (10%) per Annum interest rate.
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