Term Finance & Lease Finance
OBPLC provides Term Loans which have specified repayment schedule with tenor up to 5 years for fixed asset financing and Term loan to NBFI, MFI and NGOs. OBPLC Lease finance is a mode of term finance, a convenient long term source for acquiring capital machinery, equipment and vehicles.
Purpose:
- Project financing
- Capital machinery, equipment, vehicles and fixed asset purchase
- Any other legitimate business purpose
Features:
- Tenor up to 5 years.
- Loan ranging from Minimum Tk. 50,000 to any amount depending on business needs.
- Easy loan processing.
Eligibility:
- SME Entrepreneurs age limit: 21 to 60 years.
- Business must have a valid trade license and has been operating for at least 3 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
- Business must be a sole proprietorship, partnership or private limited company
- You should have eligible property to mortgage (in applicable cases).