Business Plan For SME Loans

We are the leader in providing winning business plans for SME loan applications in the Maldives. With over 4 years of experience and 100’s of applications we assurance 100% acceptance grantee to our clients. 

Business Plans for SME Loans

SMEs are the backbone of our society. As of June 2020, there are over 1600 SMEs registered in the Maldives and the number growing every day.

We help SMEs secure finances from government funded and private banks for business expansion, new business launch or for any purpose with our expert consultancy in this area. We help business throughout the process from processing application paperwork’s, market study, application submission, re submission (if required) and working with the Bank until the loan is approved.

What we do

  • Writing detailed business plan in formats accepted world-wide, including SME Development & Finance Corporation (SDFC) and Bank of Maldives (BML)
  • Detailed Financial Forecasts and Risk Analysis
  • Detailed Market Study
  • BOQ for Construction Projects
  • Approved Architectural & Structural Drawing for Construction Projects
  • Consultancy on Raising Equity 
  • Mandatory Audits & Reporting
  • Financial Reports & Management Reports
  • Independent Asset Valuation Reports & more..


What are the loan options available for SMEs?

SMEs can relatively easily obtain a credit facility from SME Development & Finance Corporation (SDFC) for an amount up to MVR 5 million or, up to MVR 1 million depending on the requirements. 

Bank of Maldives and other private banks also have SME focused loan products. BML in particular often works with the movement in facilitating credit facilities fully/ partially funded by government. 

How Much Equity Is Required?

Equity requirement for new business are also relatively low for SMEs. There are facilities available for equity as low as 10-15% of the total project cost.

Do I have to Mortgage?

There are facilities which requires a mortgage, like that available from private banks. However, unsecured facilities are available from SDFC for existing & new businesses.

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