Working Capital

Loan Details:

Broad Features:

Product
Collateral
Running Finance
– Mortgage of property with 25% margin.
– 1st charge on Fixed Assets / Current Assets of the Company with 25%
margin / Cash / Near Cash Collateral
– Personal Guarantee of the proprietor / partners / directors of the
Company
         –       Personal Guarantee of the Owner of the Property
Cash Finance
– Pledge of stock (acceptable to the Bank) with 25% margin duly insured in
godown under supervision of bank’s approved muccadam.
– Personal Guarantee of the proprietor / partners / directors of the
Company

Tenor:
-Maximum up to 1 year.

Loan Limit:
-Small Enterprises: Maximum Rs.25 (twenty five) million from single Bank/DFI or from all Banks/DFIs.
-Medium Enterprises: Maximum Rs 200 (two hundred) million, including leased assets, from single Bank/DFI or from all Banks/DFIs.

Documents Required:

  1. Loan Application Form
  2. Basic Borrower Fact Sheet for Small / Medium Enterprises (SE / ME)
  3. Detailed profile of the Business
  4. Profile of the Sole Proprietor / Partners / Directors
  5. Projected Financials (Cash flows, Balance Sheet, Income Statement) equal to tenor of loan
  6. Exiting Financials for last 3 years (Cash flows, Balance Sheet, Income Statement) as follows:
    1. In case of Small Enterprises & loan amount upto Rs. 15M: Financials signed by the borrower.
    2. In case of Small Enterprises & loan amount above Rs. 15M: Financials audited by practicing Chartered Accountant or practicing Cost & Management Accountant.
    3. In case of Medium Enterprises who is a limited company & loan amount above Rs. 10M: Financials audited by practicing Chartered Accountant.
    4. In case of Medium Enterprises who is other than a public company or a private company which is a subsidiary of a public company & loan amount up to Rs. 10M: Financials audited by practicing Cost & Management Accountant.
  7. Details of the Collateral / Property
  8. Valuation Report (from PBA approved valuator) of the Property, Plant & Machinery
  9. CNIC of the Applicant
  10. One passport size photograph of the applicant
  11. In case of Private / Public Limited Company:
    1. Memorandum & Articles of Association
    2. Latest Form A
    3. Latest Form 29
    4. Certificate of Incorporation
    5. Latest Search Report
    6. Income Tax Registration Certificate
  12. In case of Partnership:
    1. Partnership Deed
    2. CNIC copy of all the partners

Downloads:

ENGLISH

  1. Loan Application Form
  2. Borrower Basic Fact Sheet for Small Enterprises (SE)
  3. Borrower Basic Fact Sheet for Medium Enterprises (ME)

 

URDU

  1. Loan Application Form
  2. Borrower Basic Fact Sheet for Small Enterprises (SE)
  3. Borrower Basic Fact Sheet for Medium Enterprises (ME)