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Small & Micro Industries Leader and Entrepreneur Promotion Project III (SMILE III) provide financial facilities - to micro scale industries with the objective to promote the development of industries by providing term loans.
Eligibility:
All industrial manufacturing and service sub-sectors
Commercial buildings -, hotel buildings, guest house buildings and passenger transport are NOT eligible
Asset size should not exceed Rs. 20 Mn
Loan Amount: Up to Rs. 10 Mn
Interest Rate: 9.0 % p.a
Repayment Period: Up to a maximum of 10 years including a grace period of 24 months.
For more Information contact Indika Kudagama on 0777 418725 or 0112 448 448 Ext: 3166
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