At Sampath Bank, we expand our services to help meet your needs. We offer a variety of loan schemes especially for Small and Medium Scale Entrepreneurs. These include ADB Emergency Response Facility, ADB Tea Smallholder and JFPR Grant, New Comprehensive Rural Credit Scheme (Sarusara), E-FRIENDS II Revolving and Kapruka Ayojana loan schemes. Our aim is to fulfil your dreams and desires in making your business thrive.

ADDITIONAL FINANCING III - SME COMPONENT & WE-FI GRANT

• Maximum tenure of the loan is 07 years including a grace period of a maximum of 02 years.
• Interest rate to the borrower is 14.01% p.a.
• The maximum loan amount is Rs. 50,000,000/-

ADB EMERGENCY RESPONSE FACILITY

• The maximum loan amount is Rs.10 million.
• Interest rate of 11.77% p.a.
• Loans can be obtained for the Working Capital requirements of the business.
• The maximum repayment period is three (03) years, including a six-month (06) grace period.

ADB TEA SMALLHOLDER AND JFPR GRANT LOAN SCHEME

• The maximum loan amount is Rs.30 Mn.
• Interest rate of 4.75% p.a.
• Loans can be obtained for New Planting, Replanting, Infilling, Nursery Development, Irrigation Systems and Water & Soil Management and Mechanization.
• The maximum repayment period for capital investments of new planting or replanting is ten (10) years including two (02) years grace period, if required.
• Tea Smallholders with less than 10 acres of land holding who avail the loans up to a maximum of Rs.5.00Mn for planting and replanting are eligible for 10% - 25% of the principal loan amount as a grant (Subjected to the approval of ADB).

NEW COMPREHENSIVE RURAL CREDIT SCHEME (SARUSARA)

• Loans under New Comprehensive Rural Credit Scheme -NCRCS (Sarusara) Scheme Credit facilities can be obtained for cultivation of short term crops identified under the scheme, nurseries and home gardening.
• Loan amount will be determined by the type of crop and the extent of land to be cultivated.
• Maximum eligibility for home gardening is Rs.100,000/-
• Maximum eligibility for nurseries including seed production is Rs.500,000/-.
• Interest rate of 8.0% p.a.
• Maximum repayment period is 270 days, however for sugarcane cultivation 365 days.

E- FRIENDS II REVOLVING LOAN SCHEME

• Loans under E Friends Scheme can be obtained as General loans or Technical Assistance Loans
• Maximum loan amount for General Loan Scheme - Rs.30.0 Mn per eligible industrial enterprise
• Interest rate of 6.5% p.a. for General Loan Scheme
• Maximum repayment period of 10 years including a grace period of 2 years for General Loan Scheme
• Maximum loan amount for Technical Assistance Loan Scheme - Rs. 1.0 Mn per eligible industrial enterprises
• Interest rate of 2.0% p.a. for Technical Assistance Loan Scheme
• Maximum repayment period of 05 years including a grace period of 1 year for Technical Assistance Loan Scheme

KAPRUKA AYOJANA LOAN SCHEME (For Coconut Cultivation)

• The maximum individual loan amount should be Rs.2.0Mn
• Interest rate of 8.0% p.a.
• Maximum repayment period of 05 years including a grace period of 12 months (Grace period is subject to the approval of Coconut Cultivation Board)

ADDITIONAL FINANCING III - SME COMPONENT & WE-FI GRANT

Any registered, economically viable Micro, Small and Medium Enterprise (MSMEs) is eligible to apply for loans under the scheme except for Trading, Leasing and Renting sector businesses.

*Facilities shall be considered only for “Targeted SMEs”, namely SMEs that are:

1. Located outside the Colombo District (SMEs in the Colombo District are eligible if they are women-led first-time borrowers seeking non-collateralized working capital loans). Location of the business shall be requested to determine the district.
2. Utilizing the loan for working capital against which fixed or financial assets are not pledged (non-collateralized working capital);
3. Led by women.
4. No prior experience borrowing from a licensed commercial bank or licensed specialized bank.

* When approving loans under the scheme, priority shall be given to Agriculture, Agro processing, Manufacturing, Fisheries, Tourism, Animal husbandry and Export oriented businesses.

* Maximum loan amount - Rs.50 million.

* Special consideration to be taken to lend to qualified enterprises that are led by women SMEs.

ADB EMERGENCY RESPONSE FACILITY

Eligible Borrowers

• MSMEs, having an annual turnover of less than Rs.750 million and less than 300 employees, if in manufacturing sector, or less than 200 employees, if in services sector.
• MSMEs related to Agriculture, Tourism, *Manufacturing and other Export-oriented sectors are permitted.
• Trading, Leasing and Renting sector businesses are NOT permitted.
• The MSMEs, which have obtained the facility under the same scheme, are not eligible for the facility.

*Manufacturing sector (Only for women-led businesses)

Women-Led

At least 51% of the enterprise ownership shall be controlled by women or shall fulfil all of the following criteria:

1. At least 20% of the enterprise ownership is controlled by women
2. A Woman is either the Chief Executive Officer (i.e. the most Senior Manager) OR Chief Operations Officer (i.e. the second most Senior Manager)
3. At least 30% of the Board members are women (where a board exists)

ADB TEA SMALLHOLDER AND JFPR GRANT LOAN SCHEME

Eligible Borrowers

• Tea Smallholders with landholding not exceeding 10 acres. Borrowers must submit a recommendation letter from TSHDA.
• Tea Smallholders with landholding of 10 to 50 acres. Borrowers must submit a recommendation letter from SLTB.

Eligible Expenditure

• New planting
• Replanting
• Infilling
• Irrigation systems
• Nursery Development
• Water & Soil Management
• Mechanization

JFPR Grant Eligibility -

• Tea Smallholders with landholding not exceeding 10 acres
• Restricted for the purposes of New Planting and Re-planting
• Maximum loan amount should be under Rs.5.00Mn

NEW COMPREHENSIVE RURAL CREDIT SCHEME (SARUSARA)

Eligible Borrowers

• Small farmers

Eligible Expenditure

• Cultivation of Paddy, Chilies, Onion, Pulses, Oil Seeds, Root & Tubers, Vegetable and other short term crops ie Ginger, Sugarcane and Turmeric
• Eligible crops and scale of finance will be as per the schedule circulated by CBSL
• Home Gardening
• Nurseries and seed production

E- FRIENDS II REVOLVING LOAN SCHEME

• Eligible Projects

The investment in fixed assets, excluding land and buildings (owned or leased) at original book value should not exceed Rs. 250.0 Million on completion of the project.

• Eligible Expenditure
• Equipment for end-of-pipe treatment and equipment that will lead to reduced emissions or to a lower production of wastes by the enterprises thereby enabling them to comply with the National Environment standards;
• Equipment that leads to substantial reduction in the use of resources by existing equipment & machinery, or the phasing out of hazardous substances;
• Equipment that will substantially improve the safety of work places, especially with regard to the exposure of workers to potentially hazardous substances or noise, etc;
• Investments related to the relocation of highly polluting industries to special industrial estates that are equipped with waste treatment plants and investments by enterprises that set up and operate such treatment plants; and
• Equipment for the monitoring of pollutants in connection with (a), (b), (c) or (d).

KAPRUKA AYOJANA LOAN SCHEME (For Coconut Cultivation)

• Eligible Borrowers
• An owner, lessee or a person having the legal right to undertake the proposed development upon submission of proof thereof of. ½ an acre or more land.
• In the case of leases the period of lease should be not less than 2 years in excess of the maturity period of the loan

• Eligible Expenditure
• Coconut planting with intercropping
• Replanting with intercropping
• Coconut mono-cropping
• Intercropping
• Establishment of Agro wells/Tube Wells/Deep Wells
• Establishment & Maintain of nurseries to provide planting materials for Intercropping
• Provision of Farm Machineries
• Constructions of cattle/Goat/Sheep Sheds
• Crop Protection Loans