The Cambodia SME Scheme (CSS) was initiated to enable SMEs in both priority and normal sectors to access financing at favorable conditions and affordable cost. Entrepreneurs can use this financing shcheme to expand or start a new business.
Features
| Financing Size : | Up to USD 3,000,000 or KHR equivalent (For Processing and Manufacturing sector) |
| Purpose : | Capital Expenditure or Working Capital |
| Financing Term : | Up to 7 years for Working Capital or 10 years for Capital Expenditure |
| Currency : | KHR and USD |
| Interest Rate : | 5.80% p.a (USD) I 5.60% p.a (KHR) |
| Collateral : | Up to 70% for Soft Title Deed or 80% for Hard Title Deed |
Document Requirement
- Borrower and co-borrower’s identification documents such as National Identification Card (NID) or passport or other documents issued by authority
- Title deed of the collateral
- Business registration related documents such as Business License, Patent, Certificate of Incorporation (if applicable)
- Income Statement (if applicable)
- Financial Statement (if applicable)
- Or relevant documents based on the business sector (if applicable)
Eligibility
- SMEs established in Cambodia
- SMEs wholly owned or at lease 51% owned by Cambodia
- Registered SMEs and SMEs in priority sectors are encouraged
- Collateral such as land and building is required
Benefits
- Competitive interest rates
- Long-term financing
- Appropriate collateral requirement
- Increase business efficiency and productivity
