Fast, hassle-free capital for vehicles and equipment
Fast, hassle-free capital for vehicles and equipment
Fast, hassle-free capital for vehicles and equipment
Fast, hassle-free capital for vehicles and equipment

SME Express Loan

Purchase new machinery, vehicles or any other fixed asset with Yoma Bank’s SME Express Loan. Our fast and straightforward financing will help your business grow and expand like never before. 


Features and Benefits

Buy Immediately, Pay Over Time
With loan terms up to one year, repay high value purchases in your own time.

Amortized
The amount owed each month goes down as you repay .

High Loan Limit
Access up to 1 billion MMK


Interest, Fees and Loan Term

Maximum term
36 months (3 years)
Loan limit
999mn MMK
 Interest*  10 % per annum
 Establishment fee  0.25%
 Renewal fee  0.20%

*Interest calculated daily and charged monthly



Collateral
  • Real estate (land or building)
  • Condominium 


Requirements

Borrower or Co-borrower  

  • NRC original and copy  
  • Household registration original and copy 
  • Original ward recommendation letter (Proof of residence)  
  • 1 license photo  

Business Documents 

  • Business license  
  • Receipts of revenue tax 
  • Financial statements  
  • Bank statement (Last one year) 
  • BOD resolution\ Meeting Minutes of loan 
  • Sale/ Summary and Sale vouchers (or) Purchase/ Summary and Purchase vouchers 

For more information, please contact the nearest branches