Concessionary Loan Scheme to Empower Sri Lankan SMEs

The Government of Sri Lanka, together with the commercial banking sector, has introduced a concessionary loan facility designed to strengthen Small and Medium Enterprises (SMEs) — the backbone of the national economy contributing nearly 52% of Sri Lanka’s GDP.

This refinance loan scheme, available at a concessionary interest rate of 7% per annum, offers a repayment period of up to 7 years, providing affordable financing for:

• Business start-ups
• Expansion of existing projects
• Working capital requirements

The program aims to encourage entrepreneurship, promote regional economic growth, and enhance financial inclusion across all districts.

Eligibility & Application

Prospective SME investors are encouraged to contact their nearest commercial bank for further information and loan application procedures. In most cases, applicants may also need to obtain a recommendation from their Divisional Secretariat Office to verify business eligibility and local engagement.

💡 Empower your business with low-cost financing — take advantage of this opportunity to grow sustainably and contribute to Sri Lanka’s economic revival.

👉 For professional guidance on loan documentation, financial statements, or project reports, contact MP Associates Lanka (Pvt) Ltd, your trusted SME advisory partner.