Cautionary notice against illegal online forex trading/dealing | Disclosures on Risk Based Capital (Basel-III)
 
Working capital finance
LC facilities (Sight, deferred, UPAS etc)
LATR & import loan
Overdraft
Short term demand loans
Bill purchase
 
Purpose:
Working capital
Export-import financing
Any other legitimate business purpose
 
Features:
Tenor up to 01 year (Renewable).
Loan nature: Revolving loan (OD, Time Loan, SLC, LATR,LDBP,BG).
Loan amount is determined based on business needs and capacity of the business
 
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
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 must have updated IRC/ERC
You should have eligible property to mortgage.