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DBS SCHEME

Up to 90% Financing | 10% Interest p.a | Maximum 15 Years Repayment 

This scheme offers financing for new, ventures modernization expansion of businesses in all sectors of the economy. Minimum Loan amount is scr 50,000 and the maximum amount is scr 5.8 million.

Almost 5.88 million

Amount

Financing a Minimum SCR50,000 and a Maximum SCR 5,880,000

Up to 15 Years

Repayment Period

Negotiable up to 15 years, depending on the type of project and asset(s) being financed

Up to 90 %

Financing coverage

Financing up to 90% of the project cost, depending on the project

Up to 24 months

Grace Period

Negotiable depending on the on the type of project. The maximum is 24 months

10 %

Interest Rate

As low as 10% interest rate depending on the project

Eligibility Criteria

Who Can Apply

Find out who can apply for the BIF loans and check if you qualify for our exclusive opportunities.

Any Seychellois

Citizen of Seychelles or company incorporated in Seychelles

The incorporation of a business with foreign investors is now guided by the Seychelles Investment Act – Seychelles Investment (Economic Activities) Regulation 2022 [ S.I 76 of 2022, published 4th July 2022 – page 327 ]

Eligible Activities

What Kind of Activities

Find out who can apply for the DBS loans and check if you qualify for our exclusive opportunities.

Agriculture

This includes projects that adds value to the current farm infrastructure to increase local produce capacity.

  • Production of livestock & crops
  • vegetables for food security
  • Abattoir
  • Hatchery
  • Animal Feed
  • Innovative Agricultural Technologies

Energy efficiency projects on farms, wastewater treatment plants, waste to energy systems, recycling plants, bioplastics, etc…

Fisheries

Artisanal & Industrial Fisheries projects that add value and venturing into small scale blue economy projects, fisheries laboratory services.

  • Purchase or construction or repair and renovation of fishing vessels
  • Engines
  • Navigational Equipment
  • Fishing Gears
  • Ice Plants
  • Fish Storage Facilities

Manufacturing

  • Construction of building and purchase of equipment for producing
  • Manufacturing
  • Processing
  • Assembling
  • Repairing
  • Packaging of goods or products which incorporates a value-added component for export and / or import substitutes

Tourism

Upgrade and adding value to existing infrastructure, e.g:

  • Swimming pool
  • Installing Systems
  • Healthy & Safety Requirement
  • Parking Facilities
  • Renovations
  • Extension of building for tourism related activities such as hotels
  • Guesthouses
  • Self-catering Apartments
  • Restaurants
  • Boat Charters
  • Dive centers and other tourism related activities

Renewable Energy

Projects that promise and develop the use of natural resources for energy purposes.

  • Installation of PV at tourism establishments
  • Roof Top Solution
  • floating solution (Boat) Off Grid Solution
  • Energy efficiency projects
  • Financing of Electric or hybrid cars

Other Services

This comprises of projects that do not fall under the above categories providing support services to the above sectors. Examples are:

  • Cleaning Contractors
  • Hairdressers
  • Take-away businesses
  • Purchase of specialized equipment
  • Shop repairs
  • Marine equipment repairs
  • Restaurants and healthy-food outlets
  • Specialty bars (e.g sports bars, cocktail bars, sushi bars, salad bars)
  • Cafes

Infrastructure Investment

  • Waste Management
  • Warehouse
  • Cold storage facilities
  • Eco Villa
  • Commercial Building

Education

  • School expansion
  • Day Care facilities
  • Sports facilities

Technology Information & Communication

  • Online platform
  • Development of new applications
  • Financing for software & website providers/developers
  • Mobile and television providers
  • Multi-media development with ideas of local products for the local media houses
  • Financing for training
  • Showcases and symposiums of information systems/technology that would get youth educated and involved with information technology earlier
  • To product new ideas and development that could provide digital benefits to Seychelles in the form of a new applications
  • Tools
  • Systems

Transportation

  • Supporting bus hirer to provide service to the community
  • Replacement of vehicles for car hire, taxi and omni-bus operators and other businesses whose business activities require the use of a vehicle.

Priority will be given to existing clients of the Bank

Creative Industry

  • Made in Seychelles
  • Brands to encourage local production of high-quality crafts for souvenirs
  • Adding value to clothing designs and model agencies
  • Financing of dance and music schools which provide traditions instrument lessons and dance classes.

Entertainment

  • Zip lining
  • Rock climbing
  • Canoeing
  • Watersports

Downloads

Use the documents below to apply for this type of loan

Know Your Customers (KYC) Form

Loan Application Form for company

Source of Personal Contribution Form

Beneficial Ownership Form

Loan Application Form for Sole Trader or Partnership