THERE IS GOOD NEWS for businesses seeking to “go green”.
Financing could soon be available to redevelop them as “green” entities, even if they have limited collateral to use to borrow what they need from lending institutions.
Word of this came yesterday from president of the Barbados Chamber of Commerce and Industry (BCCI), Lalu Vaswani.
He disclosed that the BCCI and the Central Bank of Barbados had been in discussions to develop credit guarantees for use as collateral provided they would be mobilized for investing in renewal energy purposes.
Green light
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