Business loan product is promoted for financing the requirement of business more than NPR 30 Million. The primary target group would be businesses involved in manufacturing, trading & services sectors.
To finance the working capital, capital expenditure requirements including refinancing of equity, project financing, consortium loan and any other business requirement.
Facilities Type: Overdraft Loan/ Term Loan/ Demand Loan/CAPEX and Short Term Loan.
Loan Amount: Above Rs 30 Million.
LTV: Up to 85% of FMV of real estate collateral.
Tenure: 15 years (Core Working Capital & Fixed Assets).
Overdraft: 1 year revolving basis.
Demand Loan: 1 year payable on maturity.
Short Term Loan: Max 120 days or working capital cycle whichever is lower.
Capital Expenditure Financing:
Maximum up to 80% of cost of assets as per tax invoice-In case of New Assets Financing
Maximum up to 80% of book value * as per latest audit/provisional report.