Any productive industrial venture with good and clean track record of the promoters is eligible for seeking investment through submission of proper documentation as required by SABINCO.
Loan Amount:
Loan amount can vary depending upon the specific requirement and repayment capacity. However SABINCO’s average loan/funding size to a single project is more than TK 50 million.
Securities for Loan:
Borrowers have to provide securities that are determined, based on nature of the project and risk perception.
Rates & Fees:
- SABINCO offers very competitive interest rate, which more often than not better than the interest rate offered by other NBFIs and Private Commercial Banks.
- The interest rates can be both fixed and floating to satisfy the needs of a project and its sponsors.
Repayments:
- In general repayment period is 5 to10 years that depends on estimated cash flow of the project.
- Usually payments are made on quarterly basis through Post Dated Cheques (PDCs) Bank Transfer. However payment may be structured taking into consideration seasonality business in certain industries.
- The repayment schedule is provided at the time of disbursement of the funds.
