UBICO’s Comprehensive Financial Services for Entrepreneurs in Bangladesh

UBICO, aligned with Bangladesh Bank regulations, extends a range of financial facilities and services catered to eligible entrepreneurs and enterprises. These offerings, designed for financial viability and compliance, empower businesses to thrive and grow.

Loan Products

  • Term Loan: Entrepreneurs can access a term loan for a period spanning 3 to 7 years. They have the flexibility to choose between fixed or variable interest rates, with collateral security against fixed assets.
  • Syndication Loan: This facility aids in raising funds through syndication, with a commission of 1% of the total funds raised.
  • Working Capital Loan: Entrepreneurs can leverage this to manage their day-to-day operational expenses efficiently.
  • Lease Loan: For those seeking financing for assets, UBICO offers lease loans with a transfer price of 3% of the leased amount at the time of expiry.
  • SME Loan: Specifically designed to support small and medium-sized enterprises, this loan is structured to meet their unique financial needs.

Equity and Quasi-Equity

Common Equity: Entrepreneurs can access minority stakes for a limited period, including voting rights and a seat on the board. UBICO ensures a clear exit provision for ease of transition.

Pre-IPO Financing and IPO Participation: UBICO assists entrepreneurs in preparing for initial public offerings, facilitating pre-IPO financing and participation in IPOs.

Preferred Stock and Convertible Bond: These options provide flexibility and diverse financial strategies for entrepreneurs.

Statement of Fees, Charges, Commission:

Certainly! Here’s the information presented in a table format:

Fee for Due Diligence:200,000.00 TkApplicable as and when required
Information Memorandum (IM) Preparation:500,000.00 TkDo
Legal Documents Preparation Fee:200,000.00 TkDo
Commission on Syndicated Fund Raising:1% of total funds raisedDo
Transfer Price at Lease Expiry:3% of leased amountDo
Late Payment FeeRange: 0.50% to 2% of installed amountDiscretionary
Early Payment FeeRange: 0.50% to 2% of amount paidDiscretionary
Loan Documentation Charge5,000.00 TkAs per existing practice
Miscellaneous ChargesDiscretionary

Frequently Asked Questions (FAQs) on UBICO’s Comprehensive Financial Services for Entrepreneurs

Q: What is the maximum period for a term loan with UBICO?
A: The term loan extends up to 7 years, providing entrepreneurs with an extended repayment window.

Q: What collateral is required for the term loan?
A: Collateral security against fixed assets is required for the term loan.

Q: Are there any specific provisions for SMEs?
A: Yes, UBICO offers dedicated SME loans tailored to meet the unique financial needs of small and medium-sized enterprises.

Q: What are the charges for late payments?
A: Late payment fees range from 0.50% to 2% of the installed amount, applied at the discretion of UBICO.

Q: Can entrepreneurs participate in IPOs with UBICO’s support?
A: Yes, UBICO assists entrepreneurs with pre-IPO financing and participation in Initial Public Offerings.

UBICO’s financial services not only cater to the diverse needs of entrepreneurs but also ensure compliance with Bangladesh Bank regulations, fostering a conducive environment for business growth and success.

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