About SME

What is an SME? 
 

• The term SME Lending refers to lending to businesses with total exposures (direct and indirect) of up to $1 Million
• Small businesses are those with loans/lending facilities up to $200,000
• Medium-sized businesses are those with loans/lending facilities above  EC$200,000 but no higher than EC$1M

 

 

Bank of Saint Lucia recognizes the real challenges that SMEs face and has devised a strategy to assist them with one of their most pressing issues – access to finance. The Bank’s SME staff are equipped to handle lending as well as other product and service needs of SME clients.