JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Sunday, July 27, 2025

JMMB sets up SME unit

by

Geisha Kowlessar-Alonzo
1893 days ago
20200521
JMMB

JMMB

The JMMB Group will launch its small and medi­um en­ter­prise unit this month to pro­vide busi­ness plan­ning, fi­nan­cial ad­vice, and tar­get­ed so­lu­tions to fa­cil­i­tate the growth and ex­pan­sion of small and medi­um en­ter­pris­es (SMEs).

In a state­ment the com­pa­ny said the unit is cross-re­gion­al, with sup­port from its Ja­maican coun­ter­part, and will pro­vide so­lu­tions de­signed around spe­cif­ic client busi­ness goals.

These so­lu­tions in­clude con­ve­nient and ef­fi­cient means of re­ceiv­ing and pay­ing bills, ef­fec­tive cash man­age­ment, term and un­se­cured loans, and the in­vest­ment of dis­cre­tionary in­come where ap­plic­a­ble, as well as fi­nan­cial ad­vice from SME ex­perts, it not­ed.

SME spe­cial­ist man­ag­er Tim­o­thy Gyan said this of­fer­ing from JMMB could not have come at a more apt time.

“JMMB recog­nis­es just how hard the lo­cal SME com­mu­ni­ty has been hit as a re­sult of the im­pact of COVID-19. As we move in­to the post-pan­dem­ic pe­ri­od and the coun­try awak­ens from the stay at home or­der, SMEs will be as­sess­ing the fi­nan­cial im­pact of the virus on their busi­ness­es, if they have not al­ready done so,” the com­pa­ny said.

It not­ed that the busi­ness plans they may have en­vi­sioned for 2020 and be­yond no longer ap­ply in this new nor­mal, adding that the JMMB SME unit is well-po­si­tioned to pro­vide fi­nan­cial ad­vice and ed­u­ca­tion that can as­sist them in mov­ing for­ward with their goals.

In ad­di­tion to the crit­i­cal ser­vices pro­vid­ed by the SME unit, JMMB clients will have the added ben­e­fit of ac­cess to the JMMB SME re­source cen­tre.

The cen­tre is sup­port­ed by in-house and ex­ter­nal ex­perts who con­duct needs as­sess­ment analy­sis and pro­vide ac­cess to busi­ness de­vel­op­ment tools and tem­plates, among oth­er ser­vices.

The JMMB team will al­so host a vi­sion board­ing ex­er­cise for SME clients next Wednes­day.

This on­line event will pro­vide at­ten­dees with guid­ance as to how they can set their short, medi­um and long terms goals with­in the new eco­nom­ic en­vi­ron­ment.

A fol­low-up ses­sion will be held on June 4 and will in­clude a step by step train­ing on how to de­vel­op a com­pre­hen­sive busi­ness plan.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored