Refinance schemes for SME customers
Refinance Credit Schemes for Small and Medium-sized Enterprises (SME) or SME Entrepreneurs at concessional rates to enhancing their existing or new business.
| SMELoC 2 – Revolving | |
|---|---|
| Max. Loan amount | Rs. 50 Mn |
| Interest Rate | 8% p.a. (Fixed) |
| Main Sectors | MSMEs in agriculture, tourism, manufacturing, technology, export-oriented sectors and any MSMEs (except trading, leasing and renting businesses) that are women-led, which require working capital financial needs. |
| Repayment Period | maximum tenor of three (03) years including maximum six months (06) grace period depending on the nature of the business activity. |
- Terms and conditions will apply *
| Stimulating Package for Re-energizing the MSME Sector in Sri Lanka - Government Funded Loan Scheme | |
|---|---|
| Max. Loan amount | Rs. 25,000,000/- |
| Interest Rate | 7% p.a. (Fixed) |
| Main Sectors | MSMEs in agriculture, tourism, manufacturing, technology, services, export-oriented sectors and any MSMEs except trading, leasing, and renting businesses |
| Eligible Economic Activities |
Target beneficiaries are eligible for obtaining investment loans under the scheme for the following economic activities:
|
| Repayment Period | Maximum tenor of 10 years depending on the nature of the business activity. |
- Terms and conditions will apply *
| E- Friends 11 Refinance Loan Scheme | |
|---|---|
| Max. Loan amount | A: General Loan Scheme - Rs.30 Mn B: Solar Loan Scheme - Rs.10 Mn C: Technical Assistance Loan - Rs.1 Mn |
| Interest Rate | A: General Loan Scheme - 6.5% p.a.(Fixed) B: Solar Loan Scheme - 6.5% p.a.(Fixed) C: Technical Assistance Loan - 2% p.a.(Fixed) |
| Main Sectors | A. General Loan Scheme Financially viable industrial manufacturing institutes with maximum total assets with LKR 250Mn. (Excluding land and Building) are eligible for this scheme. B. Solar Loan Scheme Manufacturing Industry. factories, production plants. tourism sector businesses (Including value addition processes) |
| Repayment Period | Maximum tenor of 10 years depending on the nature of the business activity. |
- Terms and Conditions apply*
| Kapruka Ayojana Refinance Loan Scheme | |
|---|---|
| Max. Loan amount | Based on the Coconut Cultivation Board approval (Avg. Rs.2 Mn) |
| Interest Rate | 8% p.a. ( Fixed) |
| Main Sectors | Coconut New Planting with intercropping, Coconut Replanting with intercropping, Rehabilitation of Coconut lands, Coconut Mono-Cropping, Establishment of Drip Irrigation System, Establishment of flexible pipeline water projects, Farm Machinery for coconut intercropping, Cattle, Sheep farming under adult Coconut Plantation, Upgrading of Machineries relating Coconut Cultivation |
| Process | Registration done by the Coconut cultivation board |
| Maximum Repayment Period | 05 Years with one year grace period basis on the bank policy |
| SMILLE 111 RF Scheme Small and Micro Industry Leader and Entrepreneur Promotion Project 111 RF - Refinance Loan Scheme |
|
|---|---|
| Max. Loan amount | Rs. 30 Million |
| Interest Rate | 8% p.a.( Fixed) |
| Main Sectors | Industries (Machinery & equipment's) Agriculture (Poly tunnel construction) Dairy (Cattle purchasing, Shed constructions, Machinery & equipment’s) |
| Technical Transfer Assistance Scheme | To upgrade, accounting, managerial, technical skills of project staff and end products by purchasing quality control equipment, inclusive of laboratory equipment Rs. 2.5 Mn Interest Rate: 5% p.a. Up to 7 years’ basis on the bank policy |
| SEPI - Self-Employment Promotion Initiative Loan Scheme – Phase II | |
|---|---|
| Max. Loan amount | Rs. 1 Million |
| Interest Rate | 7% p.a. (Fixed) |
| Main Sectors | Industries (Machinery & equipment's) Agriculture (Poly tunnel construction) Dairy (Cattle purchasing, Shed constructions, Machinery & equipment’s) |
| Purpose | To provide financial assistance to individuals who have completed a certificate or diploma in a recognized vocational training institution to establish their own self-employment projects. |
| SAPP 4P Agribusiness | |
|---|---|
| Max. Loan amount | Beneficiaries of MILCO - Rs. 350,000/- Beneficiaries of Pelawattha - Rs. 150,000/- |
| Interest Rate | 6.5% p.a. (Fixed) |
| Main Sectors | Dairy (Cattle purchasing, Shed constructions, Machinery & equipment’s) |
| Repayment period | 3 years |
| SAPP 4P Youth Entrepreneurs | |
|---|---|
| Max. Loan amount | Rs. 2.0Mn |
| Interest Rate | 6.5% p.a. (Fixed) |
| Main Sectors | Any Agribusinesses |
| Conditions | Farmers, Farmer groups and producer organizations engaged in 4P arrangements who are below 40 years of age. |
| Repayment Period | 5 years |
SDB Bank has partnered with the government on a Financial Aid Package to revitalize Sri Lanka’s Micro, Small, and Medium Enterprises (MSME) sector.
- No. 12. Edmonton Road
Kirulapone
Colombo 06
Sri Lanka. - 011 5411 411
↑