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Management @AmazingSeychelles.com
Asked: 2021-08-24T02:39:46+04:00 In:

What are the criteria to be qualified for a loan with SBFA?

What are the criteria to be qualified for a loan with SBFA?
BusinessFinanceGovernment ServicesLoanSBFASmall Business

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  1. Management @AmazingSeychelles.com

    Businesses that wish to apply for a SBFA loan should:

    • Should be a Seychellois citizen.
    • Be 18 years and above.
    • Employing not more than 10 people.
    • Have an annual turnover of not more than SR1 million.
    • The borrower should provide proof of his/her ability to repay the loan and the business is/will be profitable.
    • Provide sufficient and acceptable forms of security for the loan in case the borrower fails to repay the loan.

    Source: Government of Seychelles

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