The SMEs Stimulus Scheme (SSS) is designed to enhance access to finance for Small and Medium-sized Enterprises (SMEs). This product addresses the needs of SMEs that often struggle to secure financing due to insufficient collateral. It also enables the Bank to offer loans to businesses that would otherwise be excluded due to collateral concerns but have good cash flow from the business.
Features
| Financing Size : | Up to USD 500,000 or KHR equivalent |
| Purpose : | Capital Expenditure or Working Capital |
| Financing Term : | Up to 7 years |
| Currency : | KHR and USD |
| Interest Rate : | From 8.25% P.A(USD) | 7.25% P.A (KHR) |
| Upfront Fee : | 0.50% priority | 1.00% |
Document Requirement
- Identification documents for the borrower & co-borrower, such as a National Identification Card (NID), passport, or
other equivalent documents. - Business-related registration documents such as a Business License, Patent, and Certificate of Incorporation.
- Documents of income and expenses.
- Income Statement (if applicable)
- Financial Statement (if applicable)
- Or relevant documents based on the business sector (if applicable)
Eligibility
- SMEs established in Cambodia
- SMEs wholly owned or at lease 51% owned by Cambodia
- Registered SMEs and SMEs in priority sectors are encouraged
Benefits
- Access financing with less stringent collateral requirements.
- Improve liquidity to recover, stabilize, or grow their businesses.
- Enhance their future eligibility for financial services by establishing a good credit track record.
