Business Loans

Business Loan

Business Loan

  • Overdraft 

Overdraft Facility, a recurring (revolving) credit facility, is offered to customers for meeting day to day working capital requirements for funding current assets, overheads, administrative expenses etc.

  • Long Term Loan/ Medium Term Loan

LTL or MTL shall be provided to the client mainly for fixed assets investments such as construction of buildings or purchase of plant and machinery, 

  • Short Term Loan

STL could be advanced to the client for financing working capital requirement for short period of time within one year.

  • Working Capital Loan

WCL is provided to the client to finance the working capital requirements. 

Import/ Export Loan 

  • Letter of Credit (Sight/Usance)

The bank can open Letter of Credit (LC) in many countries through its expanding list of corresponding banks to facilitate the import requirement of its corporate/ business clients.

  • Trust Receipt Loan

Trust Receipt Loan is provided to facilitate the corporate/business clients to meet its working capital requirement for the purpose of meeting the gap in its asset conversion circle, the bank can provide loans against import LCs as per the Central Bank (NRB) directives.

  • Packing Credit

Packing credits provide an exporter with finance purchase/import if raw materials, processing and packing of the goods meant for exports. This smoothens the exporter's cash flow while the goods are being packed and waiting for shipment. The advance is repaid when the goods are shipped. 

Bank Guarantee

The bank can issue various bank guarantee to meet the differing requirements of its clientele for various purposes like bidding for tenders, issuing performance bonds and advance payment guarantees. The bank can also issue local guarantees against the counter guarantees of acceptable foreign banks.