The Royal Caribbean Programme Committee will meet to review applications mainly on the basis of business viability, management expertise and creditworthiness. The approval cycle is bi-monthly.
Businesses that are approved by the Committee will receive an official letter confirming the loan and grant amount approved and outlining special conditions that apply. Approved businesses will be given 5 days to accept in writing the offer letter. Any offers not accepted within 5 days will be rescinded.
Small businesses that are unsuccessful will also be notified in writing and invited to apply for training and funding under our flagship Access Accelerator programme.