>Commercial/ SME Finances

Commercial/ SME Finances

Running Finance

Purpose Purchase of stock and fulfilling of operational expenses of your business. Financial limits are available for your existing business/planned expansion.
Eligibility • Account holder of the bank.
• Reasonable turnover to justify the limit requested.
• Existing business/planed expansion.
Loan Limit According to business worth subject to per party exposure as per SBP Prudential Regulations.
Tenure Maximum 12 months (Renewable on Satisfactory repayment status).
Repayment Principal lump sum and markup monthly/quarterly basis.
Primary Security Hypothecation of Stock.
Secondary Security Mortgage of property or lien on Deposits or pledge of Gold.
Insurance Insurance cover of Hypothecated Stock and mortgaged property as per Bank’s policy.