Term Finance Secures $5.5 Million in Funding for Caribbean's First Web-Based Credit Institution

We are thrilled to announce that Term Finance has successfully raised $5.5 million in funding. Term Finance is revolutionizing the financial landscape in the Caribbean as the region's first fully web-based credit institution, catering to countries like Trinidad & Tobago, Barbados, Guyana, Jamaica, and St. Lucia. Specializing in consumer credit, small business credit, eCommerce solutions with product financing, and prepaid MasterCard services, Term Finance is reshaping the way individuals and businesses access and manage their finances. This recent funding, with 80% ownership by PointWest Capital and 20% by the First Citizens Group, will propel Term Finance to enhance its online services, expand its reach, and continue to innovate in the financial technology sector. With this injection of capital, Term Finance is well-positioned to drive economic empowerment and financial inclusion across the Caribbean region.