An EMI based collateral free Term loan facility offered to small business customers (Proprietorship, Partnership and limited company) for working capital, fixed asset purchase or any other legitimate business purpose. |
|
Purpose: |
 |
Working capital |
 |
Fixed asset purchase |
 |
Any other legitimate business purpose |
|
|
Features: |
 |
Loan amount Minimum BDT 2.00 lac to Maximum BDT 10 lac. |
 |
Repayment tenor minimum 12 months to maximum 36 months. |
 |
Finance against personal guarantee & hypothecation. No collateral required. |
 |
Grace period 3-6 months. For manufacturing- Grace period is must. For other business grace period will be given as per client request and nature of business. |
|
|
Eligibility: |
 |
SME Entrepreneurs age limit: 21 to 60 years. |
 |
Business must have a valid trade license and has been operating for at least 2 years or more in the same line of business |
 |
Business is required to generate sufficient cash flow and profit to ensure timely repayment of loan |
 |
Small Enterprises as defined by BB |
 |
Guarantor age: For business guarantor - 21 to 60 years and for family guarantor - 18 to 65 years. |
|
|
|
|
|