SMART Credit Business
SMART Credit Business is a scalable working capital loan for small business customers of Yoma Bank, with loan amounts that increase as your business grows and as you repay prior loans on time. With initial loans of up to 5,000,000 MMK, and renewals as high as 10,000,000 MMK, SMART Credit Business can help grow your enterprise, without requiring collateral, extensive paperwork, or guarantors.
for a SMART Credit Business Loan
Features and Benefits
With a loan offer that grows with your transaction volume, your business will always have the capital it needs to thrive.
Equal monthly installments are automatically deducted from borrowers’ SMART account, with reminder SMS messages sent before each payment due date.
Easy to Apply
Apply through our simple and easy online application [Include Link]
Current Partners for SMART Credit Business
- Union of Myanmar Tourism Association
Smart Credit Business is available to any small business in Myanmar with a business license or company registration. Apply to find out more.
Interest, Fees and Loan Term
|Maximum loan term
|| 1-3 months for initial loan, up to 12 months for subsequent loans
||16% per annum
| Unsecured loan fees || Very low; based on borrower relationship with Yoma Bank |
*Monthly payments, interest and fees deducted automatically from your SMART Account on the due date
**Interest calculated daily and charged monthly