Get upto 1.25% on our Investment Accounts with Demerara Bank.

Small & Medium Sized Enterprise Loans: Start Something New

Unlock your business’s full potential without being hindered by financial constraints. Whether you’re launching a startup or steering an established venture, our SME Loans provide the solution you need.

Facility Range:

  • Small Scale: $5M – $10M
  • Medium Scale: $10M – $25M

Type of Collateral:

  • First Mortgage
  • First Debenture
  • Cash
  • Bill of Sale

Requirements:

  1. A valid Driver’s License (the card) In the absence of a Driver’s License:
  • National Identification Card or Valid Passport
  • Recent Proof of Address (dated within the last 6 months)
  • TIN Certificate
  1. Business Registration and prior year financials are required.
  2. Financial Statements for the last 3 years / Cashflow Projections
  3. Quotation / Price List / Agreement of Sale / Letter of Intent
  4. Certificate of Valuation & photos of collateral

Interest Rate (Reducing Balance):

  • 11% to 13% p.a.

Repayment Term:

  • Maximum 12 years

Equity Contribution:

  • 20% of the cost of the project

Apply Now!

    Details & Preferences

    *Business Name
    *Contact First Name
    *Contact Last Name

    *Phone
    *Email

    Upload Required Documents (jpeg/jpg/pdf files)

    *Select Identification Type
    Upload Identification

    *Upload TIN Certificate
    *Upload Recent Proof of Address

    *Upload Statement of Income/Projections
    Upload Updated Business Registration

    *Upload Valuation & Photograph of Collateral (property or vehicle)
    *Upload Financial Statement (Prev. Year)

    *Upload Quotation/Price List/Agreement of Sale/Letter of Intent

    Other Details

    *Select Preferred Branch

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