SME Financing

SME Financing is the funding of small and medium sized enterprises (SME), and represents a major function of the general business finance market. SME Financing is also designed to address the cash and expansion needs of your business and acquisition. Margin of finance is up to 120% of property value. Purpose of financing could be property financing and working capital financing.

The SME Financing is also applicable for new properties, refinancing, redraw, re-mortgage for SME. The effective management of lending to SMEs can contribute significantly to the overall growth and profitability of banks. Banks have traditionally relied on a combination of documentary sources of information, interviews and visits, and the personal knowledge and expertise of managers in assessing and monitoring SME loans.

However, when assessing comparatively small and straightforward business credit applications, banks may largely rely on standardized credit scoring techniques (quantifying such things as the characteristics, assets, and cash flows of businesses/owners).

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