The Bahamas Development Bank (BDB) has partnered with ICON Bahamas to offer businesses across the nation up to 100% financing on electric carts. This collaboration aims to provide cost- efficient, eco-friendly transportation solutions for a wide range of industries, from hospitality and retail to logistics and tourism.
Nicholas Higgs, Managing Director of the Bahamas Development Bank, expressed enthusiasm about the initiative: “By partnering with ICON Bahamas, we are offering businesses the opportunity to upgrade their operations with electric carts that are efficient, sustainable, and versatile. With up to 100% financing available, businesses can reduce operational costs and move towards more environmentally friendly practices.”
ICON Bahamas’ electric carts are perfect for transporting passengers, goods, equipment, an materials, offering businesses a smart alternative to traditional vehicles. These low-maintenance, zero-emissions vehicles are a practical solution for operations that require frequent movement across large properties, such as resorts, commercial centers, and industrial sites.
“We believe that these carts will bring significant value to businesses throughout The Bahamas,” said Dave Munroe, Deputy Managing Director of the Bahamas Development Bank. “They provide businesses with a reliable and sustainable option, allowing them to cut costs while enhancing their operational efficiency.”
Sumayyah Cargill, Strategic Development and Initiatives Manager at BDB, also emphasized the importance of this partnership: “Whether it’s for small businesses or large-scale enterprises, electric carts offer a way for companies to streamline operations and reduce costs while aligning with sustainability goals. This initiative reflects our commitment to supporting businesses in driving growth and embracing innovative solutions.”
“ICON Bahamas offers a variety of electric golf carts for recreational and commercial use. We provide end-to-end support, inclusive of assembly, customization, sales, service, maintenance and warranty” added Jason Higgs, General Manager of ICON Bahamas. “As a Bahamian owned and operated company, we are thrilled to be a part of this initiative alongside the BDB team and make these alternatives more accessible to our local community.”
With this partnership, the Bahamas Development Bank continues to offer businesses accessible financing options to help them thrive. The 100% financing program for electric carts is a game-changer, enabling local businesses to invest in an eco-conscious transportation solution that drives operational success and sustainability.
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