The Bahamas pledges in our NDC to make the transition to electric vehicles over the next few years by making electric vehicles 35% of all vehicle sales by 2030. The Bahamas Development Bank is committed to support the sustainable development and the fight against climate change by facilitating investments in low emission transport.
Who is this program’s ideal client?
This program is geared toward existing businesses. It is best suited for an established MSME with clear capacity to finance a vehicle from their sales or other income.
What makes this program different?
- Companies are able to finance 100% of the cost of a new vehicle for up to the duration of its warranty, provided that they can demonstrate the ability to make the monthly payments.
- We have simplified and shortened the application process. Businesses can complete a short application and have a decision within three weeks.
For more details or assistance, contact our support team at info@bdb.gov.bs. We’re here to help!
