MBPLC SANCHALAK: SME Financing

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SANCHALAK is a unique credit facility designed to foster sustainable growth for businesses by prioritizing performance-based borrower evaluation. Our goal is to provide value-added credit services that meet the dynamic needs of businesses while promoting their long-term success.

MBPLC SANCHALAK Features:

Performance-Based Evaluation: Emphasizing the performance of the borrowing concern to ensure sustainable growth with a competitive edge.
Value-Added Credit Services: Offering a range of credit services tailored to meet the specific requirements of businesses.
Optimum Working Capital: Meeting the optimum level of working capital requirements to support business operations efficiently.
Financing for Fixed Assets: Facilitating the acquisition of fixed assets essential for business promotion, horizontal, and vertical expansion.

Facility Mix:

Continuous Credit (CC)
Secured Overdraft (SE/SOD)
Time/Term Loan (SE)

Loan Limit: Tk 50.00 lakh to Tk 500.00 lakh.

Borrower Age Limit: Preferably between 21 years to 60 years.

Interest Rate: Usual rate of interest set at 9.00% p.a.

Incentives for Eligible Borrowers:

Reduction of interest rate by 0.50% to 1.00%.
Consideration of collateral coverage at 1:1 instead of the standard 1:1.25 on Forced Sale Value (FSV).

Eligibility Criteria for Incentive Entitlement:

Continuous Loan: Account turnover of 3 times & above and full adjustment twice in a year.
Term Loan: Maintained a consistent and on-time payment record throughout the year, adhering to all repayment schedule deadlines.
Limit Utilization: Not below 80%.
Documentation: No pending status of documentation

FAQs: SANCHALAK Credit Facility

Q1: What is SANCHALAK?
A: SANCHALAK is a unique credit facility designed to promote sustainable business growth by prioritizing performance-based borrower evaluation.

Q2: What are the key features of SANCHALAK?
A: SANCHALAK offers performance-based evaluation, value-added credit services, optimum working capital support, and financing for fixed assets related to business promotion and expansion.

Q3: What types of credit facilities are included in SANCHALAK?
A: SANCHALAK includes Continuous Credit (CC), Secured Overdraft (SE/SOD), and Time/Term Loan (SE).

Q4: What is the loan limit for SANCHALAK?
A: The loan limit ranges from Tk 50.00 lakh to Tk 500.00 lakh.

Q5: What is the borrower age limit for SANCHALAK?
A: Preferably between 21 years to 60 years.

Q6: What is the usual rate of interest for SANCHALAK?
A: The usual rate of interest is set at 9.00% per annum.

Q7: What incentives are offered to eligible borrowers?
A: Eligible borrowers may receive a reduction of interest rate by 0.50% to 1.00% and consideration of collateral coverage at 1:1 instead of the standard 1:1.25 on Forced Sale Value (FSV).