AYA SME Financing Solutions

December 5, 2019

AYA SME Financing Solutions

Are you a small business owner looking for capital to boost your business?

Let us help to grow your business! At AYA Bank, we offer AYA SME Financing Solutions that meet your financial needs and grow your small business into bigger ones.

Why AYA SME Financing Solutions?

  • Friendly Advisors for SMEs
  • Flexible Loan Products
  • Flexible Payment Schedules

What Our Customers Say?

Ko Phyo Hein Zaw

Snoopy Mobile


“I’ve been dreaming about to expand my Business as Snoopy mobile shops across the country. With the financial assistance of AYA SME Financing Solutions, my dream became true and able to open up mobile shops total in 9 now.”

Daw Than Shin

Hsu Myat Win Business (Founder)


“Branch In-charge of AYA Bank has explained me about AYA SME Financing in detail when I needed to expand my business. And with the help of AYA SME Financing solution I could expand my business efficiently and effectively. I also encourage you to apply AYA SME Financing service if you need to grow your business.”

U Zaw Oo

MPPS Founder


“When I needed business financing to upgrade from Preschool to Primary School, AYA Bank offered me AYA SME Financing Solutions to meet my financial needs and expand my business. I will continue to use AYA SME Financing Service if I plan to expand into High school as well.”

Eligibility

Any Small or Medium Enterprise applying for AYA SME Financing Solutions should be

  • Registered and operating in Myanmar at least 2 years.
  • Meet the standards set by AYA Bank.

AYA Bank follows 2015 Myanmar SME Development Law

If you meet the above criteria, simply get in touch with us and we are happy to assist you to grow your business.

Choose the right AYA SME Financing Solutions for your business
According to directive of Central Bank of Myanmar, the interest rates are reduced as follows.

AYA SME Loan

Loan Amount

Up to 500 Million MMK

Collateral

Landed Property, Shop, Condo,
Fixed Deposit Account

Loan Tenor

Up to 3 Years

Interest Rate

10.00% p.a.

to

14.50% p.a.

If you are looking for Working Capital loan to meet your day-to-day business expenses or Capital Expenditure loan to expand your business, we offer AYA SME Loan to suit your working capital needs and grow your business at the same time.

Example

– Working Capital : electricity bills, payable to suppliers, etc

– Capital Expenditure : Industrial buildings, equipment, machine, etc

JICA Two Step Loan

Loan Amount

Up to 500 Million MMK

Collateral

Landed Property, Shop, Condo,
Fixed Deposit Account

Loan Tenor

Up to 5 Years

Interest Rate

5.50% p.a.

to

10% p.a.

We offer JICA TSL Loan to expand your business in which 80% of the loan amount to acquire, upgrade, and expand company physical assets such as industrial buildings, or equipment and 20% for working Capital.

Shop Owner Loan

Loan Amount

Depend on Loan Purpose & Repayment Capacity

Collateral

Landed Property, Shop, Condo,
Fixed Deposit Account

Loan Tenor

Up to 3 Years

Interest Rate

10.00% p.a.

to

14.5% p.a.

It is offered to shop owners who operate their business with own shops or rented shops in respective townships.

USAID Credit Guarantee Loan

Loan Amount

Up to 200 Million MMK

Premium Fee

1.5% p.a.

Loan Tenor

Up to 3 Years

Interest Rate

13% p.a.

We provide USAID Credit Guarantee Loan for small and medium business in agriculture industry to invest and expand business.

Working Capital Loan (OD)

Interest Rate

10.00% p.a

to

14.5% p.a.

(service charges included)

Loan Tenor

Up to 1 Year

Commitment Fee

1% p.a.

AYA Bank offers Working Capital Loan to cover a business’ short term operational needs. Examples: rent and supplier payables.

Interest will be collected monthly or quarterly and the whole amount of principal will be repaid at the end of loan tenor. 1% of commitment fee will be collected on unused loan amount.

Application Process

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Step 1

  • You can make an initial enquiry at AYA SME Center or nearest AYA Bank Branches in person.
  • Or you can make a call at 09443730655 within office hour or 24/7 at 01-2317777

Step 2

  • Keep your documents ready.

Business related documents

  1. Company Certificate of incorporation or Company License
  2. Form 6, Form 26, Form E (DICA)
  3. Directors’ resolution (meeting minutes)
  4. Company Audited Financial Statement (Last 2 years)
  5. Tax returns (Last 2 years)
  6. Export/Import License (if any)
  7. Photos of Business
  8. Business Plan
  9. Receipt/invoice of Sales & Purchase

Guarantee related documents

  1. Photos of collateral
  2. Grant and Form 105,106 (Ownership book of condos and apartment)
  3. Electric bill, YCDC bill

Personal information documents

  1. Applicant’s NRC and Household list
  2. Passport Photo (2)
  3. Recommendation letter from respective ward administration office and police station

Step 3

  • Fill in SME Loan Application Form and submit along with the required documents at any AYA branches.

*** Please note that additional documents may be required

Fees & Charges

Depend on application of Loan types and collateral, fees and charges will be collected. For example – (Lawyer fees, Valuation fees)

Repayment Plan

Repayment plan can be varied based on loan purpose and repayment capacity.

  • Monthly repayment plan (Interest + Principal)
  • Quarterly repayment Plan (Interest + Principal)
  • Monthly or quarterly (Interest) and yearly (Principal)

AYA SME Inquiry