Legal Status of Business

  • Sole Proprietorship
  • Partnership
  • Private Limited Company
  • Public Limited Company
  • Joint Venture


  • Equated Monthly Installment

Validity of

  • Up to three (03) months from the date of sanction (and after three months, consent of one-step higher than approver authority will be required with consultation of CRM).

Sales per month

  • Unsecured: Average sales per month will be BDT 2.50 Million with 6 months Factoring performance.
  • Up to BDT 5.00 Million: Average sales per month will be BDT 3.50 Million with 6 months Factoring performance.

What are the

Age of Proprietor/Partners/ Key Person(s) of Limited Company

  • 20 years to 65 years at the time of application [To be supported by National ID Card/Passport or any other identity documents issued by any government authority.

Age of the Business with Factoring

  • 2 Minimum business age as Factoring client should be 1 year with LBFPLC. However, in the case of takeover from other banks/FIs with Factoring facility less than one (1) year may be considered given proper justification in Place and Management consent

Business Experience of Proprietor/ Partners/ Key Person(s) of Limited Company

  • Minimum 12 months of experience in the same line of business.

Credit Limit Cap

  • Minimum BDT 1.00 Million to Maximum BDT 10.00 Million
  • Unsecured: BDT 1.50 Million considering Factoring performance for existing client
  • For the credit limit above BDT 1.50 Million, 35% TDR or BDT 0.20 Million whichever is higher has to be deposited for the incremental credit limit.