SME loan scheme

SME Loan Scheme

A loan scheme that offers affordable credit to small and medium enterprises with group turnover of less than SCR 6m per year with the aim of encouraging business development and entrepreneurship in Seychelles.


  • All types of businesses are eligible except wholesalers and retailers
  • Purpose restricted to asset and project finance in the starting up or expansion of business
  • Amount: up to SCR 3 million maximum
  • Interest rate:
    • Tranche 1, up to SCR 1m: 5% p.a.
    • Tranche 2, up to SCR 3m: 7% p.a.
  • Processing fee: 0.25% of loan amount
  • Repayment period: 7 years maximum
  • Security: 100% of loan amount