To fiancé new entrepreneur in Cottage, Micro & Small industry for, a) Capital Machinery (Term Loan), b) Working Capital (CC/OD) .
Features and Benefits:
Preferable Sector: Women entrepreneur, Innovative initiative, ICT Sector, Import alternative initiative Export initiative, Technically educated entrepreneur
Loan Size: Maximum 25 Lac
Margin: 20% to 40%
Loan Tenor (for Term Loan): 3 to 5 years (max 6 months grace period)
Refinancing of BB may be allowed
Easy and Fast Processing
Collateral Security is not mandatory (up to Tk. 10 Lac)
Eligibility & Requirements
Any entrepreneur having the experience of successfully managing the business for at least 2 years
Age Limit: From 21 years upto 60 years (at the expiry loan tenor)
Satisfactory Credit Report
Sets of documents based on requirements.
Hypothecation of stock in trade, machinery, equipment etc.
Required numbers of Post dated cheques covering all installments
Interest Rates and Fees
Attractive Interest Rate
No hidden cost