Term Loan Financing

Product
Summary

Industrial Term Loan: Financing for brand new project, expansion of existing project, acquisition, Balancing, modernization, renovation, expansion (BMRE) purpose aimed to cater manufacturing businesses.

Business Installment Loan: Financing for regular capital or fixed capital [ e.g.: procuring limited scale assets, renovating office premises, procuring medical equipment’s & office equipment’s for office etc.] to cater the needs for various trading/service based business.

Commercial Vehicle Loan [indirect procurement]: Financing for procuring Bus, Sedan Car for executives,Minivan, pick up, cargo, Prime Mover, Tank Lorry, Ready Mixer, Truck, prime mover, dump truck etc. used for commercial purpose.

Commercial Space Financing: Financing for procuring commercial space intent to use it as office, factory, show room etc.

Product
Features

• Facility Amount: Loan amount is above BDT 10.00 million to BDT 500.00 million.
• Facility Type: Term Loan, Single Installment Loan & Revolving Loan.
• Facility Term: Maximum 10 years with attractive moratorium period
• Re-payment mode: Equal monthly installment [EMI]
• Security: Land, building, flat etc. as collateral

What are the
Eligibilities

• Business experience: Minimum 5 years experience in the same line of business.
• Sole-proprietorship, Partnership and Limited Companies can apply for the loan. In case of Sole-proprietorship business, the age of the entrepreneur should be Minimum 21 years & maximum 60 years.

Required
Documents

• Copy of updated Trade License [Enlistment and Licensed documents issued by regulatory authority]
• Photographs of Applicant and guarantor(s)
• Valid NID/Passport/Driving License of Applicant and Guarantor(s) Trade License, E-TIN
• Bank statement of last 12 (Twelve) months
• Copy of Utility bill
• Rental deed copy
• Necessary Security Documents

Apply
Online