SME Program is an ideal financing option for a SME trader to apply with more affordability. This facility is designed in order to provide working capital facilities to Indo-Lanka trade related SME businesses operating in Sri Lanka with an annual turnover in the range of LKR 100.0 million to LKR 2.50 billion.
- Fast processing
Fast processing and quick availability of the facility
- Convenient Documentation
Convenient, affordable & customized security to offer ease and flexibility
- Dedicated and exclusive relationship managers
Dedicated relationship managers to provide complete financial solutions
- Attractive Pricing
Low interest rates and commission charges
- Priority sector clients
Attractive pricing offered for customers under priority sector lending
- Fast and Easy renewals
Hassle free renewals with less documentation (Based on the customer financial strength)
- Easy Accessibility
Leverage on our anywhere banking services through 3000 plus branch network
- Cash Credit / Overdraft for meeting working capital finance requirement.
- Export Credit to provide Pre-Shipment & Post Shipment finance. Letter of Credit to facilitate trade.
- Bank Guarantees for meeting performance and financial obligations.
- Term Loan for purchase of commercial assets & business expansion needs
Flexible collateral options in terms of Residential/Commercial/Industrial property/Liquid securities
Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies
- Processing Fees
Loan processing fees shall be charged based on loan sanctioned amount
Pricing shall be linked to SLIBOR * for fund based facility
Shall be charged on pro rata basis based on the tenure and the amount of non-fund based facility being availed
*Sri Lanka Inter Bank Offer Rate published by Central Bank of Sri Lanka. The same is subject to change from time to time.
Terms & conditions
- Annual Turnover of the company should be between LKR 100.0 million to LKR 2.50 billion.
- Client should be willing to provide security in the form of Cash Collateral or Primary Mortgage over land / building.