The Access Accelerator, Small Business Development Centre (SBDC) has assisted Cheryl’s Bahamas Taxi & Tours in accessing $230,000 in debt financing from the Royal Bank of Canada.

Cheryl Cambridge, owner of Cheryl’s Bahamas Taxi & Tours began her taxi business in Grand Bahama in the early 1980s.

Since buying her first car in New Providence, Cambridge presently has a fleet of 12 cars and two tour buses. Now, with the funding acquired through the SBDC, the entrepreneur hopes to add four more cars to her company.

The SBDC is the product of a tripartite arrangement between the government, through the Ministry of Finance, University of The Bahamas (UB) and the Bahamas Chamber of Commerce and Employer’s Confederation (BCCEC).

The centre will work to guide the development, funding, growth, and evolution of micro, small and medium-sized enterprises in The Bahamas.

(BIS Photos/Unattributed)