TERM FINANCE

We offer Term Finance which is a cash financing facility to meet the long term investment needs of the large, medium & small enterprises of the country for the purpose of expansion of their business operation.

Benefits of Term Finance:

- We provide minimum loan amount of Tk. 1 lakh for new and existing client
- Your instalments can be structured as monthly, quarterly, semi-annually or annually to match with your cash flow generation
- You can prepay and adjust full or partial amount with the loan account only after adjustment of first six loan instalments
- Loan tenure mainly varies from 1-5 years

Eligibility Criteria:

- Where cash flow resources are sufficient to service the longer term debt
- The entrepreneur must have minimum 2 years experience in the same line of business

Required documents:

- Memorandum and Articles of the company for a Limited Company (if applicable)
- Trade License of the borrowing company & Certificate of Incorporation
- Company Information with details about present production facility (eg. Company profile covering products, departments, buyers)
- Documents in support of the vehicle, machinery/equipment (eg. quotation, proforma invoice, commercial invoice, bill of lading, etc)
- Last 3 years audited financials (eg. balance sheet, income statement, cash flow statement) of the concerned unit
- List of all present lenders with sanctioned date, sanctioned limits, outstanding amount, rate of interest, etc. (eg. Lending + Deposit Relationship)
- Trade Licence & TIN of the company
- Other documents (if any)

SMALL LOAN

Small enterprises play an important role in the economic and social development of our country. Create millions of jobs and increase the competitiveness of our economy.
Yet they find it difficult to convince banks due to high costs entailed in granting loans and the risks to which lenders are exposed.
Considering above, to meet their requirement we further customize our facility into small loan facility.

Collateral Free Products:

Nokshi (for Woman Entrepreneurs)

- Focus group: Woman Entrepreneurs
- Loan amount (up to): Tk. 5 lacs
- Repayment term: 24 months
- Repayment method: Equal Monthly Installment (EMI)
- Age limit: 25 to 55 years
- Applicant's yearly income: Tk. 3.50 lacs

Mousumi

- Focus group: Small and Medium Enterprise (SME)
- Loan amount (up to): Tk. 5 lacs
- Repayment term: 18 months
- Repayment method: Can be structured
- Age limit: 25 to 55 years
- Applicant's yearly income: Tk. 2.50 lacs

Agrani

- Focus group: Small and Medium Enterprise (SME)
- Loan amount (up to): Tk. 6 lacs
- Repayment term: 18 to 24 months
- Repayment method: Equal Monthly Installment (EMI)
- Age limit: 30 to 55 years
- Applicant's yearly income: Tk. 2.50 lacs

Briddhi

- Focus group: Small and Medium Enterprise (SME)
- Loan amount (up to): Tk. 12 lacs
- Repayment term: 18 to 24 months
- Repayment method: Equal Monthly Installment (EMI)
- Age limit: 30 to 55 years
- Applicant's yearly income: Tk. 2.50 lacs

Eligibility Criteria:

- Entrepreneurs with minimum 2 years experience in the same line of business
- Business must be a going concern with at least 2 years in operation
- Subject to clean CIB report from the Bangladesh Bank