1. Dedicated SME Manufacturing Loans– Tailored funding for small and micro industries in manufacturing.

2. Two Loan Components – GLS for equipment & expansion, TTAS for skills & consultancy.

3. Low Interest Rates – 8% p.a. fixed (GLS) and 5% p.a. fixed (TTAS).

4. Flexible Loan Amounts – Borrow up to LKR 25 million (GLS) or LKR 2.5 million (TTAS).

5. Extended Repayment Periods – Up to 10 years (GLS) and 7 years (TTAS) with grace periods.

6. High Debt-to-Equity Ratio – 75:25 (GLS) and 100:0 (TTAS), making financing more accessible.

7. Priority for Rural Entrepreneurs – Increased accessibility for businesses outside the Western Province.

To qualify for SME Loans under the SMILE III - Revolving Fund, applicants must:

Be a micro, small & medium manufacturing enterprise operating in Sri Lanka, including:

• Sole proprietorships, partnerships, co-operative societies, and limited liability companies.

• Privately owned enterprises.

Meet asset and equity contribution requirements

• Total fixed asset value (excluding land & buildings) must not exceed LKR 150 million after project completion.

• Minimum 25% equity contribution for the General Loan Scheme (GLS).

• Purchase of machinery and equipment to increase operational capacity.

• Upgrading production facilities to improve product quality and efficiency.

• Investment in environmentally friendly & energy-efficient technologies.

• Training programmes for employees to develop managerial and technical expertise.

• Consultancy services to enhance business operations and compliance.

• Quality control measures such as laboratory equipment for product testing.

1. Ensure your business meets the manufacturing sector and or industry-related business requirements and other eligibility criteria.

2. Prepare a Project Proposal that outlines your improvement initiative(s).

3. To apply, visit your nearest DFCC branch or contact us 24/7 on .

4.You may also begin the application process online right now

• Completed Loan Application.

• Business Proposal outlining expansion plans.

• Invoice/Quotations for equipment or services.

• Copy of Business Registration Certificate (BRC) and applicant’s NIC.

• Financial Statements (Audited/Certified/Management reports).

• Supporting Bank Statements.

• Valid Environmental Protection Licenses (EPLs) (if applicable).

• Any additional documents as may be required by DFCC Bank.

Who is eligible for the SMILE III (RF) facility?

• Small, medium and micro-scale enterprises in manufacturing sector.

• Businesses with fixed assets below LKR 150 million (excluding land/buildings).

• Enterprises meeting the 25% minimum equity contribution requirement.

2. What is the maximum loan amount?

• LKR 25 million under the General Loan Scheme (GLS).

• LKR 2.5 million under the Technical Transfer Assistance Scheme (TTAS).

3. Can I apply for both GLS and TTAS?
Yes, businesses can apply for both financing options if they meet the eligibility criteria for each.

4. Do I need to offer collateral?
The bank may request suitable collateral based on the loan amount and business profile.

5. What types of expenses can the loan cover?

• GLS: Equipment purchases, production facility upgrades, and operational expansion.

• TTAS: Training programmes, consultancy services, and quality assurance measures.

6. How long is the repayment period?

• GLS: Up to 10 years, with a 24-month grace period.

• TTAS: Up to 7 years, with a 24-month grace period.

7. How do I apply for the SMILE III loan?

• Visit the nearest DFCC Bank branch to speak with a Relationship Manager.

• Submit a business proposal and application along with the required documents.

8. Where can I get more details?
Visit the nearest DFCC Bank branch or call us 24/7 on 0112 350000 for further assistance.

Terms & Conditions

SMILE III - Revolving Fund T&C

Related SME Loan Products

• E-Friends II - Revolving Fund

• DFCC SAHAYA Loan Scheme (MSME)

• Business Term Loans

Downloads

• SMILE III Loan Application Form

• DFCC SME Loan Brochure