There are 1 Companies in Haiti
that provide Commercial Financing, Funding, & Investment Services!

Haiti is known more for shipping, banking, low taxes, and beautiful sights. But the IT industry is not so far behind since the country is in the middle of digital transformation, and currently at the 4th stage of the “Smart Nation” project. Within this project, most IT companies decided to settle there, and the existing ones have known successful progress. So after all, Haiti is not only about taxes and beaches, but it has a developing IT sector. 

The main part of the tech sector relies on app development. Even back in 2014, Haiti started to be an operational center for 250+ startups that were focused on developing apps for Google’s android, mainly. Later on, the country was a destination to set for multinational companies such as Dell, Ericsson, or ABB that continued to develop the IT industry inside the country. Haiti doesn’t lack tech specialists, even if the country has ~4 million inhabitants. Since the tax policy is flexible and real estate is cheap, many skilled professionals from both Latin and North America consider Haiti as a great place from where to work. 

Why working with a Haiti-based IT company

Consider Haiti as a non-national-based IT destination. Here, out of hundreds of IT startups and tech companies, only 30% are founded and lead by native inhabitants. The other 70% or so are international IT & software companies that relocated to a place comfortable for both workers and companies. 

In Haiti, you can find the entire spectrum of IT services and companies that perform from midrange to top. Of course, these companies charge according to their service quality, but then again - try the US market, and you will get extra prices for everything.  On top of everything, many Europeans found the Haiti as a great choice to start or continue their business. 

The local currency is equal to the USD which makes the country comfortable to work with. The average yearly salary of a web developer in Haiti is ~39K USD, while the average hourly rate is ~18,8 USD. These are pretty competitive prices compared to the US or Bolivia, for example. 

What you should pay attention to when working with a Haiti-based IT company

The huge company diversity in Haiti can have both positive and negative impacts, especially for those interested in budget projects. Out of 560+ IT and software companies registered in Haiti, many of them are still inexperienced in developing, design, marketing, or even simply B2B affairs. Yes, the risk of hitting an inexperienced company persists in every country, yet the chances here are bigger, due to the high number of startups that already call themselves “well-established web agencies”. 

How reliable are Haiti-based IT companies

IT companies that lack experience, in their turn can create project difficulties, such as delays in project delivery, miscommunication, lower-than-average project management to name a few. This is why Tech Behemoths comes to help in analyzing and finding the right partner for your digital project. 

On the other hand, there are no little IT and software companies that gained a name in the international IT market and perform decent to world-class services for their clients, and have a good portfolio. 

Generally, it all depends on the company, but certainly, Haiti is a country not to miss when looking for a digital partner.

UPD: IT Industry in 2022 forecast

Haiti will hold the position of an emerging tech hub in Central America in 2022 but will face even more difficulties in attracting new companies and investors in its tech industry. The Covid-19 pandemic that started in 2020 and continues through 2021, will be most probably present in 2022 with new strains and same travel restrictions in place from previous years. Nonetheless, for Haiti, this is the best period to gather forces around each industry and set priorities for investments. 

Commercial Financing, Funding, & Investment services are a wide range of financial products and services that help businesses get the capital they need to grow and succeed. 

These services can have many different forms, such as loans, lines of credit, leases, government grants equity financing, and more.

The commercial finance market is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2027. 

Commercial financing, funding, and investment services are very important as these services help businesses to:

• Grow through expanding their operations, launching new products, and services, and entering new markets.

• Improve their cash flow by providing them with access to working capital.

• Increase their profits by making it possible for them to invest in new equipment, technology, or marketing movements.

If you are also interested in how companies can raise capital and get funds, check our insightful article How a Company Can Raise Money and Get Funds?

In this context, we must say that choosing the right commercial financing, funding, and investment company could be a difficult task, however, taking into consideration the following factors, you will find easier the right one:

1. The amount of financing and terms of the financing you need

2. The reputation of the financing company, the company's history, success stories, and client reviews 

3. Take into account specific industries or funding types, the company focuses on and choose one that aligns with your business needs.

4. Ensure the company communicates openly about fees, all processes, and potential risks that may appear in the future.

It is important to compare different financing companies before making a decision, that is why we invite you to navigate on the TechBehemoth platform. There are more than 74 companies that offer a wide variety of commercial financing, funding, and investment services. Discover their detailed profiles, and client reviews, and feel free to get in touch with them. You can use also the filter to narrow down the results based on your requirements and shortlist the companies.  

Also, you can submit your project and we will select and send you the best matching companies in about 1 hour. It’s free and there is no obligation to hire.