Business Banking / SME Banking / Smart Business: Empowering Your Business Growth

Smart Business: Empowering Your Business Growth

Finally! We are delighted to present the perfect financing solution for Micro, Small, and Medium Enterprises (MSMEs). Whether you need funds to expand your operations, invest in new technologies, or support working capital needs, our Smart Business Loan product is designed to provide you with the financial resources necessary to thrive and grow.

Features 

  • Loan Amount: From FJD 1,000 to FJD 500,000
  • Eligible Businesses: MSMEs with an annual turnover of up to FJD 1,250,000
  • Interest Rates: Competitive
  • Terms: Flexible, tailored to meet the specific needs of different SME sectors such as retail, manufacturing, services, and more

Benefits 

  • Quick Access to Funds: Enjoy a streamlined loan process that ensures quick access to the funds you need.
  • Support for Growth: Invest in new technologies, scale up your operations, and seize business opportunities with confidence.
  • Sustained Support: Leverage BSP's solid financial foundation and robust group strength for unparalleled support to MSMEs.
  • Seamless Application Process: Our dedicated SME Relationship Managers are here to assist you with every step of the application process, ensuring a smooth and efficient experience.

Eligibility

  • Repayment Capacity: Demonstrate strong repayment capacity
  • Credit History: Maintain a positive credit history
  • Equity Contribution: Provide the required equity contribution

How to Apply
Interested applicants can contact a dedicated SME Relationship Manager and they will guide you through the application process, ensuring you have all the information and support you need.

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