SME Banking
KBZ Bank’s SME Banking is offering complete and comprehensive financial services and total solutions to encourage Myanmar SME business Entrepreneurs and to boost the economy in a timely and organized manner.
KBZ SME Banking Financing Enquiry
Customers can now enquire about SME Financing digitally anytime and anywhere.
Benefits of SME Loan Enquiry Form
- Online Digital Enquiry
- Enquiry for different types of loans based on Business needs
- Fast Processing (Within 2 working business days after the form is submitted)
- Support and consultation from qualified Relationship Managers
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SME Loan Enquiry Form FAQs
SME (Loan)
SME LOAN
SME Term Loan for Business Expansion or/and Capital Expenditure Financing
SME term loan can be applied for the purpose of Capital Investment for Business Expansion of the successful SME entrepreneurs.
Why KBZ’s SME Term Loan?
Which businesses are suitable to apply?
T&C for SME Term Loan
SME Overdraft (OD) for Working Capital Financing
KBZ SME OD
SME Overdraft (OD) Facilities can be applied for the purpose of Working Capital (eg. Purchasing raw materials) requirement and short-term liquidity management.
Why KBZ SME Overdraft (OD)?
T&C for SME Overdraft
JICA Two Step Loan (TSL)
KBZ JICA Two Step Loan (TSL)
KBZ Bank is offering JICA Two Step Loans (TSL) to SME businesses in Myanmar with the fund provided by MEB, as government agent, from the ODA Loan program between Japan and Myanmar Governments.
Why SME JICA Two Step Loan?
Who can apply?
SMEs are looking for financing to invest the Capital Expenditures (e.g. Building factories, warehouses, shops, purchasing machineries and industry vehicles) as per eligibility criteria (see below) set by PMU of JICA TSL Program
T&C for SME Overdraft
Not Eligible Sectors
The Following sectors shall be specifically excluded –
(1) Livestock breeders and farmers eligible for borrowing from Myanmar Agricultural Development Bank;
(2)Real estate;
(3)Finance and insurance;
(4)Precious metal dealing;
(5)Bars and pubs;
(6)Amusement, entertainment (except for tourism);
(7)Weapons,ammunition;or
(8)Any other sector harmful to the social stability (to be judged by Working Committee)
Note
- Borrowers can use a maximum 20% for Working Capital purpose, but the rest 80% must be used for Capital Investment purposes.
- Detail Business Expansion Plan of borrowing business needs to be submitted.
Our prioritised and focused sectors are
- Manufacturing (Food Processing, Value-added Manufacturing, Garment and etc) – Industrial Production
- Services
- Trade
- Healthcare Industry
- Import substituent businesses
Business Information
- Business license form
- Company registration form
- Receipts of revenue tax for the last 3 years (if applicable)
- Financial statements for the last 3 years
Additional documents (If Your Business is running as a company under DICA)
- Certificate of incorporation (From DICA)
- Company Profile (From DICA)
- Officer Details (From DICA)
- Member Details (From DICA)
- If an export/import business the company must possess export/import license with valid dates
- A written approval from board of directors
- The paid up capital amount from an updated audited balance sheet and the paid up capital from Form E must be the same amount
Personal Documents
- Copy of National ID
- Household Registration
- Letter of Recommendation clearly stating that you are living in shared quarters
- Guarantee that you are single if you are single
- Divorce papers and papers proving you aren’t marrying any time soon
Collateral
- Title Deeds and Ownership Documents
- Grant, map and history of property
- Photos of the collateral
Under the Central Bank of Myanmar regulations, the following collateral are accepted
- Immovable properties
- Government bonds and securities
- Machinery
- Fixed deposits or Savings deposits
- Goods
- Gold
- Company Shares
CGI Collateral
- Documents concerning the ownership of properties
- Grant, map and history of property
Q & A
Although the business operation is long, the business has only one year of official business license. Can such a business still be eligible to apply for a loan?
Yes. But it is necessary to present a 3-year financial statement when the business operation term is long and its business license is only one-year term.The business with only 1 year formal business license can be applied for a loan if the business has been running for a decent amount of time. Still, the bank requires 3 years of financial statements to analyze.
The business has been running for 2 years, but the tax has been paid only for a year. (In some cases, not even a year.) Is such a business eligible to apply?
Yes. those businesses with two-year operations and one-year payable tax, can apply for a loan. For those businesses that have not paid tax yet, they can apply for a loan after paying withholding tax.
Is a Start Up company eligible to apply?
No, An SME with minimum 2 year experience is eligible to apply.
Can I still apply for a loan if I don’t have any collateral to provide?
Yes, you can still apply for a loan by using CGI (Credit Guarantee Insurance) of Myanma Insurance, instead of providing a collateral.
What requirements do I need to apply for the CGI?
According to Myanma Insurance, SME Smart Card and SME Recommendation Letter from DISI (Directorate of Industrial Supervision and Inspection) is required to apply for the CGI.
What kinds of business can apply for a SME loan?
All businesses can apply for a loan except the following business/person.
(1) Livestock breeders and farmers eligible for borrowing from Myanma Agricultural Development Bank;
(2)Real estate;
(3)Finance and insurance;
(4)Precious metal dealing;
(5)Bars and pubs;
(6)Amusement, entertainment (except for tourism);
(7)Weapons,ammunition;or
(8)Any other sector harmful to the social stability (to be judged by Working Committee)
How long does it take to receive a loan?
If you can provide complete documents, you will receive the loan within minimum two weeks and maximum one month.