Sme loan requirements. Express Working Capital Loan.

Sme loan requirements For Individual; For Corporate; Two (2) valid IDs; Business registration papers: DTI Certificate of Registration; SEC Articles of Incorporation and By-Laws, General Information Sheet SME Business Loan. 10 lakh to Rs. With a wide range The MF-Micro-Agri Loan seeks to assist the clients of CARD SME BANK, INC. You need to be an active account holder with Equity Bank. Get a Business Loan Licensed by. SEARCH. Access to medium-to-long-term financing options with flexible repayment terms to support strategic initiatives and long-term growth objectives. Eligible Small and Medium Enterprises which have been impacted by the COVID-19 pandemic are invited to apply for the SME Development Financing Facility. The maximum repayment period is 5 years. SME Corp) be held and realistic with no defaults above 2:1 Get started with our MSME Loan products at a low 4% Interest Rate! Terms and Condtions. Finalist, SME Company of the Year. The Small Enterprise Finance Agency (sefa) provides development finance to SMMEs and Co-operatives that are not able to attract commercial credit. 50 ORDER FINANCE – REQUIREMENTS. Business Banking Kina Unsecured SME Business Loan. The guarantee provided by the Government of the Republic of Trinidad and Tobago represents 100% of the loan amount. Open an account with ZWMB; Compulsory savings requirement of 10% of loan amount required. Over 90% of all financing for SMEs in Malaysia comes from banks and other financial institutions. with the repayment tenure of up to 5 years, may exceed as per FNB SME Business Unit offers both standardised financing packages and financing for more complex buy-in and buy-out transactions. This SME loan in the Philippines is an excellent option for business owners looking to finance their short-term needs. 8% to 1. Who do I contact if I have questions about Ka-Negosyo SME Loan? We have a dedicated customer service team for our SME clients. Financing tenure. Loan terms are flexible from 1 – 7 years and monthly repayments can be tailored to suit your income. The duration or term of the loan will depend on what is agreed at the time the loan is made but it will be for a short or medium term, of one to five years. Designed specifically for PNG-owned businesses, Kina Bank’s SME Loan boasts a variable interest rate of 4%. Loan amount: Starting at ₱1 million Loan term: One year (renewable) Interest rate: Based on prevailing market rates Collateral: Optional (deposit, investment, or real estate mortgage) This BPI Ka-Negosyo “Since the inception of the CESL in 2020, BSP has lent K429. sg There are various working capital loan products available to meet the different requirements of SMEs. 5 Lakh. 2. (65) 6589 8119; info@linkflow. APPLY for sme financing. Westfor Asia, Co. The OCBC Working Capital Loan is a government-assisted loan that helps SMEs across all industries get access to working capital for their business needs – expansion or running day-to-day operations better. Although there are some private loan providers that have a lower annual sales requirement of at least Access to medium-to-long-term financing solutions including business loans and Specialized services including vehicle and equipment finance, business reserves, and investment solutions. SME Loans: If you are looking to finance your small business, SME loan is just what you need. Key business loan requirements in Malaysia. Purpose. Financing is usually provided in the form of term loans, asset-based finance and or overdraft RHB offers SME loan solutions in Malaysia to help manage all your business needs. Truck loan. Available for online application to both Maybank and non-Maybank customers. The Small and Medium Enterprise (SME) Business Loan is a secured credit facility that caters to the business financing requirements of entrepreneurs and business owners. Interest rate. Purpose: The purpose of the loan application must be to meet business requirements, such as purchasing machinery or raw See your best SME business loan options instantly. A loan which is specifically designed for your businesses that from time to time, requires financing to bridge gaps in your cash flow. Only a certain group of people benefited through whom-you-know system. a. The loan can be availed as per these three categories. Can I apply for the SME financing online? Yes, SME financing can be applied for online . Government SME loan does not reach the bulk of the population. It is unfair to the newly formed SME owners. com. Submit your loan application indicating loan purpose and operational needs of the business; Clearly demonstrate the existence of income that could be used to repay the loan. Online application form in 5 minutes with 3-7 documents required. 5 crore. Most require the following: Valid ID of the sole proprietor, managing partner, President, or CEO of the company Why To Apply for a MSME/SME Loan: SME loans provide easy online access for account management and EMI payments management,using the SME/MSME EMI loan calculator, enhancing convenience for borrowers. According to NDB, the four new products introduced by the bank to assist SMEs came at the back of dialogue the bank had with the government to assist Papua New Guineans and that includes the Bougainville Very hands-on si First Circle, so napo-provide namin agad ang mga requirements, at nare-release agad yung loan namin. Most require the following: RISE UP Multi-Purpose Loan for SME First Time Borrowers. Tarun – Loans above Rs. 5% per month and financing up to RM200,000 with our micro-funding for businesses. 5 Lakh and up to Rs. Shishu – Loans up to Rs. This type of loan can be used to: fund day to day operations, replenish stocks or inventory or any other short-term requirements. The Loan is a Government guaranteed loan granted for a maximum of 5 years with a 2-year moratorium on principal payments. the services of Philhealth and SSS to CARD SME clients and their families through facilitating payments and documentary requirements. (+675) 323 3396; Send an email; Moni Plus. No paperwork. Grow your business with our market leading 6. SME loan is majorly Easy Online Application in 5 minutes! Enjoy low-interest rates of 0. Reach out to us today!” At TISA, we’re dedicated to providing exceptional support for all your SME/M-SME loan needs. b) Revolving Credit Line Working capital and capital expenditure Lending Methodology Business loan Repayment frequency Monthly Grace period Up to 3 months depending on the nature of business Pricing 5% Establishment fees 2. PNG owned company/business – business must be 100% citizen owned; Maximum Turnover PGK 5m per annum; Expand your business with our short, medium and long term loans at fixed or variable interest rates. Ka-Negosyo SME Loan for Property Acquisition; Ka-Negosyo Credit Line. Maximum limit will be increased to $500K from October 2022 to March 2023. Eligibility Requirements. SME loan is open to both new and existing customers but to be a beneficiary of ALAT SEM loan, you must fulfil the following requirements or criteria; Before withdrawing a business loan, you’ll be asked to choose between two types of convenience fee: a Processing Fee or Subscription Fee. Aspiring borrowers need to prepare meticulously to enhance their BSP SME Loan Requirements. 00 to P200,000. This DTI loan offers a maximum amount of ₱2 million, a long repayment period of 3 years, and grace period on principal up to 1 year. 1. 00125; minimum of PhP2,000. Kina Unsecured SME Business Loans. Minimum Amount: PGK 100,000; Maximum Amount: PGK 500,000; Minimum Loan Term: 1 Year; Maximum Loan Term: 15 Years; Interest Rate: 4% per annum; Eligibility Requirements. DTI Registration/Business Permit Who do I contact if I have questions about Ka-Negosyo SME Loan? We have a dedicated customer service team for our SME clients. Access secured financing for: • Boosting Productive Capacity Cash Flow Projections for duration of loan, with explanatory notes and underlying assumptions . M SME loans provide essential financial support for micro, small, and medium-sized enterprises aiming to kickstart, expand, or manage their business Business Support Facility, BSF, is a lending scheme targeted at SMEs (i. 03. Learn more. Maximum Loanable Amount. SME Multi-Purpose Loan First Timers is for multi-sectoral SMES. Readers will learn about the key requirements to qualify for SME loans, including business registration, financial statements, and collateral. This indicates that the lenders thoroughly assess your creditworthiness, payback capabilities, and financial Loan amount x 0. Financing from RM50,000 to RM5million. Here are the common business loan requirements in Malaysia: This scheme provides loans to banks or Micro Finance Institutions (MFI’s) for lending money to units with requirement of up to Rs. What are the DTI business loan requirements? DTI business loan requirements vary depending on the loan you are taking. Our SME facility is specifically designed for the small and medium enterprises interested in starting or expanding his/her business. sg (65) 6589 8119; info@linkflow. Documentation Fee: Waived. Borrow from PGK50,000 up to PGK100,000. 5% insurance 15% per month interest on reducing balance Loan limits Tenure Up to ZWL100 000. Any expired ID won’t meet the ID requirements and as such we won’t be able to accept the ID. Secured loans offer terms based on the financed asset. An initiative of the Government of Trinidad and Tobago business support. Key Information Business Support Tailored financial support for businesses seeking to expand operations or improve financial A Business Loan from Faulu Bank is a loan for a fixed amount, repayable over a fixed period, with interest charged at a fixed rate. Apply for SME micro-financing online now. MiBank has provided loans for all types of business activities across the 13 provinces in which it What are the requirements to apply for a Ka-Negosyo SME Loan? For sole proprieters and individuals a. With our SME loan you can leverage competitive lending maximums to push your business further. Working capital and term loan requirements including inland bill discounting, cash credit, bank guarantee, etc. Karren Vardeleon, Head of Accounting. Pre-approval loan requirements: Duly filled out and signed accomplished bank forms; Photocopy of SEC registration, Articles of Incorporation, By-Laws and GIS; The Small and Medium Enterprise (SME) Business Loan is a secured credit facility that caters to the business financing requirements of entrepreneurs and business owners. No MSMEs will be required to provide security. You may call us at (02) 7918-2000, press 2 for Business Loans, or email us at bbclientservices@bpi. Business MPower Overdraft. Please be informed that Maybank does not appoint any third party to act for and/or on behalf of Maybank’s SME Digital Financing application. Open an account in one day. e Registered Businesses) to augment working capital and reduce cumbersome collateral requirements. based on diminishing balance exclusive of DST Requirements. These loans are tailored to address the specific financial requirements of SMEs and assist them in achieving growth and success in the competitive business environment. 00 depending on the size of the business and the ability to pay. AB Microfinance Bank offers business owners of Small and Medium Size Enterprises the opportunity to access loan products in a quick, transparent and efficient way. 6 months active account. 0% Loan Service Fee: 1. Note: Please be aware that Alliance Bank has not appointed any third parties to act on its behalf for Alliance Digital SME loan applications. 05. SME Corp). Get in touch with us today to apply for a business term loan. Rediscounting window for SME sub-borrowers who are able to meet the following criteria: MINIMUM QUALIFICATIONS OF SME SUB-BORROWERS: Loan Amount: P5,000. Deposits Insured by. Company Profile accompanied by an application letter stating the amount required, period, purpose and proposed collateral security; letter should incorporate a viability statement showing the profitability of the order, transport/freight costs Get a digital loan for SMEs in Malaysia. Common SME loan facilities include: Unsecured business term loans; Trade financing This loan is available to Micro, Small and Medium Enterprises (MSME). The biggest problem is trying to access government grants and loans. Read more: Startup Business Loans: An Entrepreneur’s Comprehensive Guide BPI Business Loan: 4 Options to Fund Your SME Needs 📌 Ka-Negosyo Credit Line. They are especially critical when it comes to signatures and stipulations associated with them. 002; minimum of PhP3,000 and maximum of PhP15,000 for new to SME client; minimum of PhP2,000 and maximum of PhP10,000 if already with existing SME facility. The GORTT guarantees 75% of the loan and no For detailed eligibility requirements, please contact our customer service team or visit a Bank Muamalat branch. Certifcate of completion of financial literacy course (eg. Yet, there are some ‍common requirements ⁤seen across many lenders: Legal Entity: Your SME must be registered with the appropriate governing body as a‍ legal⁤ entity. The aim of this initiative is to reinforce the MSME sector’s position as an integral part of the economy. Apply online today! Additional documents may be This business loan is perfect for SME businesses looking to finance short term needs—whether it’s equipment, office spaces, or cash for day-to-day operations. This loan is more than just funding; it’s a launchpad for growth. Purchase new equipment or get cash for your day-to-day operations with the SME Business Express Loan from Security Bank. Find out how to apply online and experience fast and convenient financing to support your digital SME. Credit record: Clean credit record SUMMARY OF LOAN TERMS AND OPTIONS AVAILABLE Term Loan. to have access to microfinance loans that they can use in implementing agricultural and other agriculture related business. To be eligible for a BSP SME Loan, applicants must meet the following criteria: Business Registration: The business must be registered with the Investment Promotion Authority (IPA) While eligibility criteria provide an overarching framework, fulfilling specific requirements is equally essential to complete the SME loan application process. Now get empowered to take your business to the next level with NCB SME BOOST Loan. Documentary Stamps for Real Estate Mortgage Registration (Loan amount / 200) x PhP1. 6m in SME Credit Enhancement Scheme Loans assisting 2,841 SMEs as of June 2023, throughout the country,” Mr Robinson said. Business Loans are provided for the expansion of existing businesses and these Loans range from K15,000 upwards. Repayment period of up to 8 years. Government-Issued ID; Barangay Permit or Barangay Certification that the business has been operating at least one (1) What are the DTI business loan requirements? DTI business loan requirements vary depending on the loan you are taking. Fuel your business success with Auto Loan Financing solutions tailored for both single vehicle acquisition or fleet requirements. An eDocument can be considered legally binding provided that certain requirements are met. Marketable collateral. b) Revolving Credit Line Loan amounts for Micro Enterprise Loans are from K200 through to K15,000. a) Term Loan. This could either be a funded or a non-funded facility, depending on the specific needs of the business. Check eligibility and rates. Sole proprietorship, partnership and private Before now, getting an SME loan or small business finance loan required lots of paperwork hence one of the reason ALAT – First truly digital bank was launched to make access to SME loans easy for Nigerians business owners. All requirements above apply. SME Express Loan Benefits. Minimum Loan Amount: ₱ 3,000,000 Collateral: The business must have sufficient collateral to secure the loan. Accelerate your business plans with a SME loan to finance growth, working capital, asset acquisition, or debt refinancing. Minimum loan amount: ₱1 million Secured SME Business Loan. Specific requirements for each product are explained below; Product 1: Agriculture Loans . Our SME loans are fast and easy to get as our approval process takes only 24 hours. We use cookies to optimise the user experience. 95% interest rate. More info. Kina Bank SME Loan. Documentation and collateral requirements are significantly more flexible than anywhere else in the Nigerian banking sector, and the processing time is the shortest The bsp sme loan requirements pdf isn’t an any different. Check eligibility, Schemes, fees, charges & documents required. Perform well with this initial support, and you’ll pave the way to larger commercial loans. Facility:. Cash flow project must be held and realitic. To apply for a BSP SME Loan, applicants must provide the following documents: Business Registration Certificate: This is a legal document that proves that the business is registered with the relevant YSBE Start-up LOAN Min-Max: K5,000 - K100,000 Interest Rate: 4. Know more about interest rates, tenure, and other features. Up to 5 years. Annual sales requirements for loans vary from provider to provider. For SME Loans with Real Estate Property Collateral: Completely filled-out and signed Business Loan Application Form and Statement of Assets & Liabilities. Securing an SME business loan can be a game-changer for small and medium enterprises in Malaysia, empowering businesses to access the capital needed for growth, expansion, or daily operations. Maybank Retail SME offers customized facilities that will suit your financial requirements. Business Banking Kina Unsecured SME Business Loans. To apply for an NDB SME loan, the business must provide the following documents: Business registration certificate: The business must provide a copy of its registration certificate issued by the IPA. Eligibility requirements. You may call us at (+632) 791-82000, press At TISA, we offer more than just financial solutions; we act as a trusted financial advisor, fully understanding the unique requirements of micro-SMEs. The guide will also explain the different types of SME loans available, such as We have a dedicated customer service team for our SME clients. This programme is only available to existing Absa SME clients; Qualifying criteria. SME Clean Loan / Financing –i. For enterprises with at least one (1) employee, beneficiary can borrow up to P200,000. Who is eligible? The Facility is open to micro, small and medium sized enterprises operating and incorporated in Trinidad and Tobago and in operation as of March 1, 2020. Some of the most common reasons to get a business loan are: Meets the definition of SMEs issued by SME Corporation Malaysia. Requirements for NDB SME loans. Facility amount. . You will be charged 1. 10 Lakh. You may call us at (+632) 791-82000, press 2 for business loans, or email us at bbclientservice@bpi. Moni Plus aims to be a respected member of the financial institutions market in PNG by offering a range of financial services to meet our niche market. No handling fees/commission to be paid to any agent SME Loans. Boost your company's working capital with fast Cash and no collateral required. SME BUSINESS LOAN APPLICATION FORM Level 9, Kina Bank Haus Douglas Street PO Box 1141 Port Moresby NCD 121 PAPUA NEW GUINEA SME Unsecured Business Loan SME DETAILS BORROWING REQUIREMENTS Borrower Name: TIN Number of employees: Email address: Address: Business number: Date business commenced: What are the requirements to apply for a Ka-Negosyo SME Loan? For sole proprietor and individual: a. Businesses registered with SSM, authorities/district offices in Sabah and Sarawak or statutory bodies for At FDB, our SME loans range from as little as $1,000 to $500,000. Personal; Business; Private Wealth; Financial Education Here are the requirements you’ll need to apply for a Metrobank SME loan. Loan amounts range from PGK 50,000 to PGK 500,000, with unsecured options having a maximum 7-year term. The SME Working Capital Loan is a unsecured term loan to finance day to day general cash flow requirements. SME loan (Small and Medium Enterprise loan) is a type of term loan or working capital loan offered to meet daily business requirements, to start a new business and for business expansion purposes. Grow your business faster. Over. Opportunity Bank Uganda Ltd is committed to empowering small and medium-sized enterprises (SMEs) in Uganda through its SME business loans. None. Duly accomplished application form b. Cashflow Management overview Get solutions that will help manage your cashflow and business transactions SME Loans. An SME Loan can help an SME grow into large scale businesses. Learn how you can benefit from the RHB BizPower SME Business Loan today. What you require to sign up. BSF guarantees quick access of up to N5million with no collateral at an attractive interest rates. 0% Equity: 20% - must be evidenced Security: Moveable assets secured (PPSR) Property where available Terms and conditions apply Term: Up to 3 years depending on purpose financial literacy cours e( g. Bank Verification Number. SME Working Capital Loan. Proof of address 04. Business Registration. SME loans are available for Business Purchase or Establishment, Contractual Transport or Plant Operations in the following sub sectors: The SME Stimulus Loan Facility is a government-sponsored loan programme of up to TT$300 million to help micro, small and medium-sized businesses impacted by the COVID-19 pandemic. OL-HEALTH Easy Steps to get this loan. The program provides Short Term Loans or Revolving Credit Lines and Term Loans. 50,000 and up to Rs. The eligibility requirements for a SME loan Malaysia include important factors including financial situation and credit score consequences. ABOUT US; HELP & SUPPORT; login. SME Loans. Plus, there are no upfront application fees or The National Development Bank will be releasing its official terms and conditions for its new loan products under the K80 million SME funding. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. 12% p. “BSP Financial Group Ltd (BSP) continues to support local SMEs across the country through the BSP-PNG Government SME Credit Enhancement Scheme Loan (CESL). Base Rate + Risk-Based margin; The SME Stimulus Loan Facility is a government-sponsored loan programme of up to TT$300 million to help micro, small and medium sized businesses impacted by the COVID-19 pandemic. This facility gives companies the ability to get the money they need for both short- and long-term financing. To secure a loan, SMEs must meet certain criteria and prepare essential documentation. Handling it utilizing digital means is different from doing this in the physical world. We are not This loan caters to all SMEs in PNG. MICRO MULTI-PURPOSE LOAN. Furthermore, with invoice financing, the loan amount, which is backed by an unpaid invoice, is most likely to be paid between 30 and 120 days. No upfront payments (such as handling fees, guarantee The variety of SME loans by DBS cater to a wider range of business owners’ financial needs, ranging from smaller loan amounts of $100,000 to bigger loans of $20,000,000. In doing so, Moni Plus will conduct itself as a responsible lender There will be four (4) main loan products on offer and fall into two (2) categories; startup loans for amounts less than K100,000 and grower loans K500,000 or less. I. 00 up to 12 months. The Bank does not collect upfront or stamp study fees. Boresha Biashara Loan Boda Boda/Tuk Tuk Loan Jaza Duka Soko/ Market Loan Retailer Finance; For SME Overdraft Facilities SME Term Loans Learning Institutions loan Telco Dealer Loan KCB MSME Loan Offer Asset Based Finance; For Agri-Business Dairy and Livestock Loans Farm Asset Loans Crop Loans; For my Chama Tuungane Investment Loan; Boresha Plus SME WHOLESALE. What is CIMB “SME Partners of Choice” and what can we offer you? CIMB SME Partners of Choice wishes to help business owners to have access to special partner solutions to help SMEs improve their businesses such as We support America's small businesses. If you don’t have 2 forms of primary ID please call us on +675 308 3800 or 180 1525. These amounts will be deducted directly from your disbursed loan. 125%. SME loans for businesses address the requirements of small and medium-sized businesses across a range of industries. ‍ ‍Processing Fee would be best if you don’t plan to withdraw often, or if you are using your line as an emergency fund. Express Working Capital Loan. small to medium enterprise loan (sme) Business Loan Portfolio type: SLPK1,000 minimumto K50,000 BLP 1 K50,000 to K100,000 BLP 2 K100,000 to K300,000 If yes, please provide following details: Borrower: Loan Amount: Lender: Monthly Repayment: Amount: Loan 1: K K K K K Loan term (years): Loan 2: K K Access to finance is one of the biggest hurdles small businesses in South Africa face. sefa is committed to providing these entities with the best service and expertise, and strives to do so in innovative and creative ways. 6 months business experience. You’ve worked hard to grow your business. Stay on top of your Apply online for MSME Loan/SME business loan on low Interest rates at Paisabazaar. Requirements. Security requirements. 99% of your business loan withdrawal amount, and will only be charged whenever you use your credit Requirements Minimum Annual sales turnover RM500,000 Maximum Annual sales turnover RM25,000,000 Minimum Company Age 1 year Malaysian Ownership 75% No foreign directors/shareholders (>25% each)/partners within the business entity This SME business loan can be repaid over flexible tenures between 6 to 84 months. Handling Fee: Loan amount x 0. 6 months Statement of account 02. Borrow from Php 500,000 to Php 50 Million via these loan packages: Revolving Credit Line – for short term working capital needs that can be used for inventory build-up and for liquidating receivables. Here’s our promise: if you’re an SME with a clean credit record, a registered business, and ongoing operations, you’re eligible for our fully digital, collateral-free loan facility. Features. ph. The maximum loan amount is $300K per borrower. AND BENEFITS. This is due to bank requirements for too much paperwork for accessing the fund. For A landing program designed to fund business requirements of Php 10 million and below, fully or partially secured by Real Estate Mortgage (REM) Project Financing Development Loan A credit facility intended to finance the development of residential housing projects. 50,000; Kishor – Loans above Rs. SME Help Desk – “We're here to make your journey smooth and successful. Unlike personal loans or mortgage loans, which may come with a fixed minimum repayment period, certain SME loans like invoice financing or overdraft facilities can be for short-term needs. Security Bank SME Business Express Loan . 2020. Microfinance loans These loans cater to small businesses that may not qualify for traditional financing, offering smaller amounts with minimal requirements. Female-Initiated Livelihood and Investment Projects via INclusive Financing to Accelerate Entrepreneurial Growth Lending Program This program aims to provide credit support to women in their business ventures such as traditional trade, e-commerce business, and food services activities, among others. 0 thousand. The financing package is specifically designed to offer financial support for working capital and capital expenditure, aiming to facilitate the operation of businesses, managing day-to-day expenses, and sustain a healthy cash flow for Malaysian Small and Medium Enterprises (SMEs) and available across all business sectors. Minimum 1 year. Business operation period. Cashflow Management Back. What you need to apply for the loan. K200,000 – K15,000,000, Up to 100% collateral cover. Emerging FILIPINA Lending Program. Ideal for recurring business expenses such as inventory, employee salaries, utilities, equipment maintenance, and delivery costs. Actively operate a business account with Absa Bank to qualify for a capacity-building opportunity; For collateral-free loans, actively operate a business account with Absa bank for a minimum of 3 months in addition to 12 months' bank statements from previous bank SME ⁢Loan Eligibility Criteria. What For most BDO SME loans, these are the basic requirements: At least 21 years old but not exceeding 70 years old at the end of the loan term; Business is registered with BIR, DTI, and/or SEC; Business is in profitable operation for at least 2 Take your business in the Philippines to the next level with a Metrobank SME loan that will help you grow your capital. Valid ID card. The eligibility criteria for SME loans will not be identical among all banks or financial institutions. 00. Working capital and or purchase of fixed assets. Learn about SME loan types, eligibility, interest rates, and how to apply for funding to support your business needs. Up to P300. Loan up to ₱10,000,000 for a large enterprise; Apply for a loan between ₱800,000 to P5,000,000 for SMEs; Approval in as fast as 7 days after submission of all requirements; Get qualified to pay INTEREST ONLY for the first 6 months; NCB SME BOOST. Minimum Loan Amount: ₱ 1,000,000; Maximum Loan Amount: ₱ 50,000,000 or 70% of the appraised value of the collateral; Minimum Loan Term: One (1) year; Maximum Loan Term: Ten (10) years; SME Ready Check. 8000+ APPLICATIONS SO FAR Eligibility + Requirements 01. Rs. An SME loan is a financial solution designed to help small and medium enterprises grow their business. Let us assist you Feel free to give us a call or send us an email to discuss your loan requirements.