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Fahi Business Loan

Business loans can provide local entities with funding solutions for their business.

Purpose

  • Working Capital

  • Payment for Suppliers

  • Purchase of New Machineries

Eligibility

  • Business Operation: 2 years in operation or can be considered based on owners strong business or income background

  • Fund Utilization:  excluding overdue debtors (30-90 days) and related party transactions

Key Features

  • Finance Limit: Above MVR200,000

  • Collateral: Property/vehicle (4 wheelers)

  • Loan Tenor: Up to 48 months (04 years)

  • Grace Period: up to 06 months

  • Equity: Minimum 20% of total project cost

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