Those tourism stakeholders that are pursuing the BTB's Tourism Gold Standard Certificate of Recognition while also be viewed more favourably, since they are getting ready to start back up.
Now, the program goes live at DFC offices countrywide on Monday, August third and they will be awarded based on repayability, but also on who applies first:
Natalie Goff, General Manager, DFC
"The loans will be entertained on a first come, first basis. However, what we are looking at, this is new, the situation is fluid and we will have to even make amendments as we go along. But what we are hoping that we will give at least a month. We are hoping that a month or maybe that's too long for applications to come in, so that if the demand for this type of loan way exceeds what we have allocated then we can make go to our financial institutions and show them where there is the demand, there's the need and justify another amount. So we are saying if we hold it and say the demand is 20 million dollars, we will know that we have to start negotiations or going to our other IFS's."
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