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THE SMALL BUSINESS FINANCING AGENCY FUND (SBFAF)

From SCR15,000 to SCR300,000 | As low as 4% interest rate | 100% Financing 

The Small Business Financing Agency Fund (SBFAF) objective is to contribute to the economic development of the Country by providing finance to economically sound and viable projects for the small and medium business community.

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Loan Details

Up to 15 Years

Repayment Time

Repayment period of up to 7 years

300000

Amount

Minimum SCR 15,000 – Maximum SCR 300,000

Up to 100 %

Financing coverage

Finances 100% of the project cost

As low as 4 %

Interest Rate

4% for loan up to SCR 75,000
4.25% for loan above SCR 75,000 – up to SCR 300,000

Eligibility Criteria

Who Can Apply

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

All Seychellois

Locally Registered Seychellois Company

Eligible Activities

What Kind of Activities

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

  • Tailoring
  • Backyard Farming
  • Bakery
  • Repairs & Maintenance
  • Tourism Related Services
  • Graphics
  • Horticulture
  • Cleaning and Landscaping
  • Carpentry
  • Arts
  • Fishing
  • Snacks production & Food Processing
  • Hairdresser
  • Manufacturing
  • Day Care & Child Minding
  • Entertainment
  • Handicraft
  • Other Services

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