Strengthening the SME sector, we offer hassle-free short-term SME loans for business entities and entrepreneurs in order to ensure the financial stability of their businesses. The objectives of the SME Loans are to create a dynamic SME sector, enhance it’s capabilities and competitiveness, create jobs and, in doing so, reduce poverty There is no pre planned method in granting a SME loan since there are several kind of people who do different types of business. What we do is, we analyse their business and requirement with different There is no range specified but we inspect and decide the clients capability other than his requested amount AMF consider granting SME loans for number of industries including Carpenter, Clay works, fishery and agriculture, Yoghurt manufacturers, etc…The person who requires the loan must not be new to the business. The business must be an ongoing one. There is no proper list of documents. It depends on the business and the requirement. The repayment period would be 10 years.The interest rate applicable will be the Average Weighted Deposit Rate (AWDR) announced by the Central Bank biannually. We provide financial assistance for the students wishing to study in foreign universities. The amount of loan will depend upon the type of degree that you are studying and your status (dependent or independent). These are short term loans to cover different aspects of requirement mostly focus on corporate clients.Loans
SME Loans
What is the procedure of AMF in granting a SME loan?
aspects and grant the loan for the requirement.Who can obtain these loans?
What are the documents required to obtain a SME Loan?
Loan Repayment
Loan Repayment
Special educational loans for foreign university studies
Loans on Promisory notes
The documents required are BR, current account statements, financial statements and sometimes a security for the loan
AMF is a registered finance company with the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011