Business Import Financing Plans
Facility Size Structure
Example working model:
Tier 1: JMD 1 to 150,000
Tier 2: JMD 150,001 to 400,000
Tier 3: JMD 400,001 to 900,000
Tier 4: JMD 900,001 to 1,500,000
Custom Review: Over JMD 1,500,000
The current concept assumes facility sizing would be automatically linked to goods value, with larger import values moving clients into stronger tiers with different contribution and repayment rules.
Deposit Requirements
Example working model:
Tier 1: 15% downpayment
Tier 2: 20% downpayment
Tier 3: 25% downpayment
Tier 4: 30% downpayment
Under this structure, stronger or larger plans require a bigger upfront contribution before goods are released. Final deposit policy still needs management approval based on risk appetite, product category, and business strength.
Inventory Release Framework
Example working model:
Initial release would occur after downpayment and shipping are paid. Remaining goods would stay under U1 control and be released in a structured way based on repayment activity, account standing, and internal approval.
The current model assumes phased release rather than full release at once, especially for higher facility sizes, to protect the company while keeping goods moving into the market.
Operational Cost Allocation
Example working model:
The calculator currently separates shipping from financing and assumes shipping is paid upfront along with the downpayment. Financing then applies to the unpaid goods balance only.
This section still needs final departmental input on how freight coordination, customs duties, handling, storage, and operational overhead should be loaded into the pricing structure.
Client Eligibility Criteria
Example working model:
Business clients should qualify based on active stock movement, repayment strength, goods category, and overall commercial sense. The underlying concept assumes inventory-backed control and staged release, meaning goods must be legal, profitable, and actively selling rather than slow-moving or speculative.
Growth Pathway
Example working model:
Clients may begin at a lower tier and move upward as their repayment history, business turnover, and shipment size improve. The current framework suggests a progression from Starter to Growth, Pro, Elite, and finally Custom review for larger importers requiring more tailored limits.
Personal Salary-Deduction Credit Plans
Credit Limit Structure
Example working model:
The same tier logic may be adapted for trusted salary-deduction clients, with lower limits and stronger approval controls tied to salary strength and employer verification. The idea is to create a structured shipping-credit arrangement rather than a loose cash sale or informal credit setup.
Repayment Model
Example working model:
Repayment periods in the current concept range from 2 to 12 months depending on plan size. A possible structure could mirror the business tiers:
Tier 1: 2 to 3 months
Tier 2: 3 to 6 months
Tier 3: 6 to 9 months
Tier 4: 9 to 12 months
For personal clients, final repayment terms should be aligned to salary cycle, employer support, and internal affordability rules.
Goods Access Rules
Example working model:
Personal clients would only access approved goods under a structured limit, with pickup and release rules defined internally. A disciplined model should still require approval before access, and may use staged release depending on order value, repayment standing, and internal policy.
Risk Protection Rules
Example working model:
Approval should remain subject to employer verification, salary-deduction strength, identity checks, and internal credit controls. The current concept assumes trusted clients only, with stricter eligibility than a standard over-the-counter sale.
Technology & Portal Integration
Client Portal Functions
Example working model:
The portal should show approved facility amount, downpayment requirement, financed balance, monthly repayment estimate, inventory status, release requests, payment history, and account activity. This should work for both business and personal pathways while keeping each client’s records clearly separated.
System Automation
Example working model:
The calculator logic already assumes automatic tier assignment based on goods value. Over time, the portal could automate plan recognition, repayment term availability, payment visibility, and release request processing based on the approved client profile and selected facility structure.
The figures above reflect an example pricing structure currently being explored. Example commercial assumptions include tiered financing bands, downpayment ranges from 15% to 30%, monthly rates ranging from 3.0% to 4.5%, repayment periods ranging from 2 to 12 months, and custom review for facilities above JMD 1,500,000.
Each department is responsible for refining these examples into final policy before public launch.