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Industrial Project Finance



A. Project Implementation Finance

  • Letter-of-Credit (Local/Foreign)
    • To import capital machineries for Greenfield or BMRE project.
    • Considerable cash margin is required as per bank credit policy.
  • Loan against Trust Receipt (LTR)
    • LTR facility can only be allowed against imported goods under sight L/C.
    • Loan against Trust Receipt (LTR) is a post-import short term funded facility provided to the importer who is a trusted client of the Bank involved in manufacturing/trading business to retire L/C related shipping documents.
    • LTR facility can only be allowed for retirement of L/C documents against imported raw materials.
  • Term Loan
    • To meet credit requirement for retirement of documentary credit facilities against the import of capital machineries of the project.
    • Disbursement to be made phase-by-phase upon assurance of proper utilization of both equity and debt participation.
    • Sale proceeds/rent must be deposited to the loan account for adjusted purposes.
    • Maximum Loan Tenor to be fixed considering the payback period or project life.
  • Lease Financing
    • To meet credit requirement for import of capital machineries of the project.
    • It is a term financing repayable through lease rental in the form of equal monthly installments (including principal and interest). Ownership of the leased out equipment/vehicle under the lease agreement covering comprehensive risks belongs to the Bank.

B. Working Capital Finance

  • Cash Credit (Hypo)
    • To meet credit requirement for smooth running of the project after implantation.
    • Facility will cover the justifiable amount of working capital assessment.
  • Letter-of-Credit (Local/Foreign)
    • To import raw materials for manufacturing goods for the purpose to sell locally or export.
    • Considerable cash margin is required as per bank credit policy.
  • Loan against Trust Receipt (LTR)
    • LTR facility can only be allowed against imported goods under sight L/C.
    • Loan against Trust Receipt (LTR) is a post-import short term funded facility provided to the importer who is a trusted client of the Bank involved in manufacturing/trading business to retire L/C related shipping documents.
    • LTR facility can only be allowed for retirement of L/C documents against imported raw materials.
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