According to a press release issued by Tagman Media, the funding is an important step in increasing Sure Gig’s presence and capabilities in Guyana’s emerging economy. NewHayven Merchant Bank (NHMB), has organised, collateralised, and secured financing for Sure Gig Inc., a 100% Guyanese woman-owned workforce management and logistics firm.

According to a press release issued by Tagman Media, the funding is an important step in increasing Sure Gig’s presence and capabilities in Guyana’s emerging economy.

Founded in 2016, Sure Gig has made considerable economic progress by developing partnerships and providing excellent customer service. Recognizing the importance of aligning with Guyana’s unfolding economic landscape, Sure Gig has opted for NewHayven as its financial ally.

“The new funding not only strengthens Sure Gig’s financial foundation, but better enables them to deliver unparalleled end-to-end support for workforce management and logistics needs for both local and international markets,” the release stated.

Filisha Duke, CEO and Founder of Sure Gig stated, “It’s exciting because we have their support, their undivided support, not just the finance side of it.

They have an amazing CFO, Mr. Kris Appanah, they’ve been advising us and now we’re more confident in going after these big projects because we know we have support.”

Duke added, “We have found a partner who believes in our company’s vision”.

According to Floyd Haynes, Chairman of NHMB, “NewHayven remains dedicated to playing a pivotal role in propelling economic growth for businesses in Guyana.” He added, “We understand the challenges faced by Micro, Small and Medium Enterprises (MSMEs) in securing financing and we are positioned to be their bridge to financial empowerment.”

NewHayven said it remains steadfast in its mission to fuel growth and drive economic prosperity throughout Guyana by facilitating access to finance and fostering strategic partnerships with MSMEs throughout the region

Collaborating closely with an external financial entity, New Hayven Merchant Bank said it led the structuring and deployment of the arrangement, tailored specifically to meet the unique requirements of VEHSI’s project. New Hayven Merchant Bank has facilitated a US$25 million financing facility for Vreed-en-Hoop Shorebase Inc. (VEHSI).

Collaborating closely with an external financial entity, New Hayven Merchant Bank said it led the structuring and deployment of the arrangement, tailored specifically to meet the unique requirements of VEHSI’s project.

Guyana’s emergence as a key player in the global energy landscape presents strategic investment and development opportunities. New Hayven Merchant Bank said it recognizes the immense potential of the Guyanese economy and remains dedicated to empowering businesses within the region.

Founder and Chairman of New Hayven Merchant Bank, Floyd Haynes, said “Our partnership with VEHSI in this landmark project exemplifies our commitment to fueling growth and fostering sustainable development.” He added. “As Guyana undergoes profound transformation, we are proud to serve as a trusted financial partner, providing tailored financing solutions and expertise to enable businesses to thrive in this dynamic environment.”

Beyond this collaboration, New Hayven Merchant Bank said it continues actively engaging with risk capital providers to deliver bespoke financing solutions and deploy capital across diverse sectors within Guyana.

VEHSI will serve as ExxonMobil’’s special purpose vehicle for the Yellowtail development – Guyana’s fourth deepwater project. Yellowtail is well advanced with the ONE GUYANA production vessel on track for the 2025 sail-away deadline.