PHILIPSBURG:--- In a proactive response to the ongoing energy crisis that has significantly impacted the business community, particularly micro, small, and medium-sized enterprises (MSMEs), Member of Parliament Ardwell Irion and National Alliance candidate Edsel Gumbs recently engaged in a fruitful discussion with the management of Qredits. The meeting focused on the severe repercussions businesses have faced, including revenue loss due to food spoilage, waste, inability to service clients, and disruptions in operational preparations.
Recognizing the urgent need for support, MP Irion and Mr. Gumbs, a former loan officer and communications manager of Qredits, championed the introduction of a specialized business loan at a significantly reduced interest rate for the purchase of generators. Additionally, as staunch advocates for green and renewable energy, they proposed even lower interest rates for businesses investing in solar energy solutions.
“We have listened to the cries of our people, especially our small and medium businesses, and are pleased to announce a collaborative solution with Qredits," said MP Ardwell Irion. "Our goal with this new loan is to empower local SMEs by providing them with the financial means to invest in energy solutions that can significantly enhance their operational efficiency and resilience," stated Edsel Gumbs.
Both MP Irion and Mr. Gumbs want to strongly encourage businesses to seize this opportunity to invest in sustainable energy solutions that will not only provide immediate relief but also ensure long-term operational stability. "We extend our gratitude to Elwin Groenevelt, Director of Qredits, for his unwavering support and commitment to the MSME sector in Sint Maarten."
New Energy Loan Initiative
Qredits Sint Maarten is excited to introduce the new Energy Loan, specifically designed to assist local SMEs in enhancing their energy efficiency and resilience. This initiative aims to provide financial support for the purchase of solar panels and generators, ensuring businesses can continue their operations smoothly despite the energy challenges.
Key Features of the Energy Loan:
- Maximum Loan Amount: $15,000
- Interest Rate for Solar Panels: 4.95%
- Interest Rate for Generators: 6.95%
- Eligibility: Available exclusively for existing businesses in Sint Maarten
- Application Start Date: August 1, 2024
- Simplified Application Process: Streamlined to be lighter than typical business loan applications
For more details and to apply, visit the Qredits Sint Maarten website or contact their office directly.
Contact Information:
Main Office: W.J.A. Nisbeth Road 15, Philipsburg
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: https://stmaarten-en.qredits.com/
Tel: +1(721) 54-23428
