Schemes
LEMS
- Enhance their competitiveness by investing in productive equipment
- Upgrade production infrastructure and reduce costs
LEMS I - Turnover "<" MUR 50M
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 30% on Loss |
|
Not exceeding 60 months |
30/06/2022 |
LEMS II - Turnover between MUR 50M and MUR 250M
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 15% on Loss |
|
Not exceeding 60 months |
30/06/2022 |
LEMS III - Turnover between MUR 250M and MUR 500M
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| No Guarantee |
|
Not exceeding 60 months |
30/06/2022 |
LEMS FOREX (EURO & USD) - Turnover same as for all above categories
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| No Guarantee |
|
Not exceeding 60 months |
30/06/2022 |
SME Factoring Scheme
Turnover - Not exceeding MUR 50M
Provide cash-flow to entrepreneurs via the factoring of their credit sales invoices through Non-Bank Financial Institutions.
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 50% on Loss |
|
Normal tenure: not exceeding 90 days |
30/06/2022 |
Export Factoring Scheme
Turnover not exceeding MUR 250M
Provide cash-flow to entrepreneurs by means of the factoring of their export credit sales invoices through Non-Bank Financial Institurions providing factoring services.
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 25% on Loss |
|
Not exceeding 90 days |
30/06/2022 |
Micro Entity Financing Scheme
Turnover - Not exceeding MUR 10M
Enable Micro & and Small Entities to have access to finance at competitive rates to lower down their cost of production, improve their productivity, become more sustainable and contribute to the creation of jobs.
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 40% |
|
- |
30/06/2022 |
SME Financing Scheme
Turnover - Between MUR 10M to MUR 50M
Enable SMEs to have access to finance at competitive rates to lower down their cost of production, improve their productivity, become more sustainable and contribute to the creation of jobs.
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 20% |
|
- |
30/06/2022 |
Mid-Market Enterprises (MME) Financing Scheme
Turnover - Between MUR 50M to MUR 250M
Provide Banking Facilities at lower interest rates to MMEs to boost MME growth, create employment, and attract more investors.
| Guarantee provided by SIC | Maximum Financing Amount | Maximum Tenure | Expiry Date | |
|---|---|---|---|---|
| 15% |
|
- |
30/06/2022 |