Corporate Finance Guarantee (GO)

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Credit Guarantee Scheme

You want to extend your business to Bonaire, St. Eustatius or Saba and you need a loan for that purpose? Through the GO scheme, the government can guarantee up to 75 million Euro.

The Ministry of Economic Affairs and the Dutch banks have joined forces to fight the negative consequences of the credit crisis. One of the measures they have implemented is the Garantie Ondernemingsfinanciering (Corporate Finance Guarantee, GO), a facility designed for large and mediumsized businesses affected by the crisis. A 50% state guarantee makes it easier for banks to provide substantial loans to businesses.

Since the government guarantees part of the loan, the banks will be more willing to grant the rest. You can approach your bank in the Caribbean Netherlands. At present there are still no local banks taking part in the GO.
 
 

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