In the wake of Hurricane Beryl’s devastating impact across the island, Supreme Ventures Limited (SVL) is signalling its commitment to support its retailer network with their recovery efforts.
Xesus Johnston, CEO Supreme Ventures Gaming shared how the company plans to support its extensive retail network “We have reached out to the hundreds of micro and small entrepreneurs who make up our retailer network and our priority is to support them as much as we can. Many of them have been hit hard and Supreme Ventures stands ready to offer them financial support aimed at aiding not only their recovery efforts, but in the long-term sustainability of their businesses.”
Supreme Ventures will be offering a competitive recovery loan program through its Supreme Ventures Fintech micro loan product, Evolve Lend. “We will be establishing a special interest rate on our loan product to make it more accessible and affordable, to provide our retailers in good standing with the necessary financial assistance to rebuild and restock their businesses. The loans are designed to ensure that our partners can swiftly return to full operational capacity,” shared Johnston.
The Evolve Lend product has been available to Supreme Ventures retailers as part of the Supreme Ventures Fintech service offering since 2021. The product allows members of the company’s third-party retail network to access loans that they may not otherwise be able to access through the commercial banking system.
"Our goal is to ensure that our retailers have the necessary tools and support to not only recover from this setback but to thrive in the future. By providing these competitive recovery loans through Evolve Lend, we are providing a readily accessible option for these micro entrepreneurs,” said Delroy Anderson, Chief Innovation Officer at Supreme Ventures Fintech. “This Evolve Lend product will empower our partners to rebuild their businesses. We believe in the resilience and determination of our retailer network, and we are committed to standing with them every step of the way."
Supreme Ventures remains dedicated to fostering resilience and recovery within the communities we serve. The company’s efforts are part of a broader commitment to supporting key partners and ensuring the continued availability of our products and services during these challenging times.