Loan for Shopkeepers
Features
- To purchase inventory Shopkeepers may enjoy credit facility from Tk. 2.00 lac to 50.00 lac.
- No Mortgage or Equitable Mortgage for loans up to Tk. 25 lac.
- Interest rate 15% (case to case basis).
- Processing fee 1% to 1.50%.
- Tenor of loan not exceeding 01 (One) year.
- Facility may be adjusted by Equal Monthly Installment (EMI) or from sales proceeds.
1. Net Worth:
- 3rd party Guarantor's Net Worth must not be less than the proposed Loan amount / Loan limit.
2.
- In cases where the Borrower is a Limited Company, memorandum and Articles of Association of the company along with Board Resolution to be obtained.
- Personal Guarantee of all the Directors to be obtained (for Pvt. Ltd. Company)
Eligibility
- Any Sole Proprietorship or any Partnership firm having 03 years successful business operation.
- Monthly cash flow to support the proposed loan installment.
- Owner’s age: 25 to 60 years.
Contact
Trust Bank Limited
SME Department
Head Office
36, Dilkusha C/A
Dhaka-1000
Phone # 02-7163976
