Up to SCR 3 Million| 5% interest p.a.| on First 1 Million and 7% on next 2 Million | Maximum 7 years Repayment.
The SME incentive scheme was introduced to finance the development of small and medium sized businesses. Finances are being offered in all sectors and businesses activities excluding the refinancing of existing loans and for financing of retail, wholesale and import businesses.
Requirement: Must be a Seychellois citizen and should be residing in Seychelles for the last one year who is either employed or self-employed or a company incorporated in Seychelles with at least 51% Seychellois ownership.
Disclaimer: Rates contained herein are representative as of date. Rates and availability of funds are subject to change without prior notice based on availability of funds at the discretion of the Bank.