Renewable Energy Loans

Save money and protect the environment

Let's go green

Let’s face it, these days the environment could use a break, and it’s time we do what we can to help.

Upgrade and live comfortably, knowing that you’ve played a part. Enjoy these benefits with your renewable energy secured or unsecured loan.

Photovoltaic systems**:

To assist with the purchase and installation of renewable energy or photovoltaic (PV) systems on your property*:

Up to 100% financing

Up to US$50,000 or the local equivalent

50% off the loan application fee

Up to 10 years to repay

Competitive interest rate

**Due to the current exhaustion of the grid in Barbados, financing available refers to off grid systems only.

*Property must be owned by the borrower. Up to 2 loans can be obtained at one time.

Electric vehicles:

Up to 100% financing

Up to 10 years to repay in Barbados and Jamaica only, up to 7 years to repay in all other countries.

50% off the loan application fee

Preapproved Visa Gold or Visa Platinum credit card with 5,000 bonus reward points

Vehicle insurance, through the CIBC Caribbean insurance plan or referral programme.

EasyCover to pay your vehicle insurance in up to 11 monthly instalments, interest free with the CIBC Caribbean insurance plan.

To accelerate your loan application, have these documents ready:

Recent job letter and pay slip; up to 3 months old

Recent bank or credit card statement; up to 3 months old

*Property must be owned by the borrower. Up to 2 loans can be obtained at one time.

Select your country to contact us today

Remember, there are simple ways you can make your home or office more energy efficient, including:

Switching your fluorescent lighting to LED lighting. This also helps you save money on your electricity bill
Installing water conservation devices or upgrading your plumbing to reduce water wastage. This will also help you save on your water costs
Installing solar water heaters

So let’s talk today about all the possibilities of going green!

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