Empower Your Business Growth with EBL Business Solution
Overview:
Embark on your journey towards business success with the EBL Business Solution—an ideal financing option designed to cater to any legal business purpose or facilitate the expansion of your existing venture.
EBL Business Solution’s Key Features
| Key Features | Details |
|---|---|
| 1. Loan Amount | Flexible loan amounts ranging from BDT 1,000,000 to BDT 50,000,000. |
| 2. Loan Tenor | Enjoy a comfortable loan tenor of up to 60 months. |
| 3. Terminating Loan Facility | Convenient EMI-based repayment system for efficient financial management. |
| 4. Collateral Security | Ensure the security of your loan with a registered mortgage on land and/or building. |
Eligibility Criteria
To qualify for the EBL Business Solution, entities must meet the following criteria:
1. Business Type:
- Open to any sole proprietorship, partnership, or limited companies.
2. Operational Experience:
- Minimum 5 years of successful operation in the same line of business.
3. Experience Requirement for Loan Amount:
- For loan amounts up to BDT 2 crore: Minimum 3 years in the same line of business.
- For loan amounts above BDT 2 Crore: Minimum 4 years’ experience is required.
4. Financial Viability:
- Business income must support the proposed loan installment.
Repayment Structure
Ensure a seamless repayment process with:
Payment by Equal Monthly Installments (EMI):
- The loan can be repaid through equal monthly installments, providing financial stability and predictability.
How to Apply:
Taking the first step towards securing your business’s future is simple:
- Visit EBL Branch:
- Drop by your nearest EBL branch to discuss your financing needs.
- Application Submission:
- Complete the application process by submitting the required documents.
- Quick Processing:
- Benefit from EBL’s efficient processing for swift approval.
- Empower Your Business:
- Once approved, utilize the funds to fuel your business aspirations and drive growth.
Unlock the potential of your business with EBL Business Solution. Tailored to meet the diverse needs of businesses, this financing option ensures you have the support you need for sustainable growth. Apply today and take your business to new heights!
Frequently Asked Questions (FAQs) – EBL Business Solution
Q1: What is EBL Business Solution?
A1: EBL Business Solution is a financing option designed for any legal business purpose or the expansion of existing businesses.
Q2: What is the loan amount range offered?
A2: The loan amount ranges from BDT 1,000,000 to BDT 50,000,000.
Q3: What is the maximum loan tenor?
A3: The loan tenor can extend up to 60 months.
Q4: How is the loan repaid?
A4: Repayment is facilitated through Equal Monthly Installments (EMI).
Q5: What collateral is required for the loan?
A5: A registered mortgage on land and/or building is required as collateral security.
Q6: Who is eligible for EBL Business Solution?
A6: Sole proprietorships, partnerships, or limited companies with a minimum of 5 years of successful operation in the same line of business are eligible.
Q7: What experience is required for specific loan amounts?
A7: For loan amounts up to BDT 2 crore, a minimum of 3 years in the same line of business is required. For amounts above BDT 2 Crore, a minimum of 4 years’ experience is necessary.
Q8: How does one ensure eligibility based on financial viability?
A8: Business income must support the proposed loan installment for eligibility.
Q9: How can I apply for EBL Business Solution?
A9: Visit your nearest EBL branch, submit the required documents, and undergo a quick processing for efficient approval.
Q10: Can the loan be used for any business purpose?
A10: Yes, EBL Business Solution can be utilized for any legal business purpose or the expansion of an existing business.