Tuesday, 17 October 2017

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Application stating the required financing amount and accompanied by the following documents need to be submitted by the promoters/ lead arranger.

· Feasibility Report on the project;

· Sponsor’s Profile and existing Business Profile if any;

· Income Statement & Balance Sheet of the company and its sister concerns (if any);

· CIB Undertakings.

· Other information and documents as require by SABINCO.

· Updated Liability position of any outstanding liabilities with other financial institutions.

 

Required time for processing a financing proposal depends on nature of the project,timely submission of supporting information by the sponsors, necessity of conducting field based study/independent assessment, arrangement of Co-finance etc. However, in case of a matured project proposal, SABINCO can provide quick decision.