About SME Express Loan
Purchase new machinery, vehicles or any other fixed asset with Yoma Bank’s SME Express Loan. Our fast and straightforward financing will help your business grow and expand like never before.
Choose the perfect loan for you
Features and Benefits
Buy Immediately, Pay Over Time
Flexible Repayment
High Loan Limit
Eligibility & Requirements
to Open Loan
- NRC (Original) and family registration list (Original)
- Original ward recommendation letter (proof of residence)
- 1 License photo
- Business license
- Receipts of revenue tax
- Financial statements
- Bank statement (Last one year)
- BOD resolution/ Meeting Minutes of loan
- Sale/ Summary and Sale vouchers (or) Purchase/ Summary and Purchase vouchers
More Information
For more information, please contact the nearest branches.
Before you applied check these information
Other details of SME Express Loan
| Loan Terms | |
| Maximum term | 36 months (3 years) |
| Loan limit | Up to 1,500mn MMK |
| Interest* | 10 % per annum |
| Establishment fees | 0.5% |
| Rollover Fees | 0.20% |
Note
* Rates may subject to change. (Interest calculated daily and charged monthly)
- Land
- Land & Building
- Condominium
- Apartment
SME Express Loan
Frequently Asked Questions
These are :
- SME Express Loan
- Distributor Loan
- Invoice Financing
- Transactor Loan
- Business Overdraft
- Business Loan
- Hire Purchase
- SMART Credit Business
For more information, please contact to Yoma Bank 24/7 call center – 9662 or 097 9662 9662 or Yoma Bank official Facebook page or go to nearest branch during the operation hour and do not forget to bring NRC/Passport.
You may also be interested in
Business Overdraft
Key Features
Quick Working Capital
High Limits
Flexible Payments
Business Loan
Key Features
Fixed Interest
Long Term
Agricultural Loan
Key Features
Increases cash flow for the business
Contribute to the growth and expansion of the business
Simplified and quick loan application