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General Lending Criteria for Proprietorship Concern
Financing Limit
- In case of working capital maximum limit of financing
amount is up to Rs. 2 Million.
- In case of leasing we can go up to Rs. 40 Million.
- Loan provided by the company will not exceed 60% of
the forced sale value of collateral.
Project's/Borrower's Eligibility
- The borrower should have a commercially viable business
plan.
- The business concern should generate monthly revenue
sufficient enough to pay out monthly rentals after meeting its expenses
/ operational expenditures or disclose any other sources of income for
paying its monthly rentals.
- Adequate Debt Equity ratio.
- The business concern should fulfill the requirements
of S.E.C.P regulations.
Collateral / Security
- Lease asset in the name of SME Leasing Limited.
- Hypothecation of stocks / additional security of Land
and Building in case of working capital.
- Personal guarantees of proprietor & individual
(guarantor) other than proprietor acceptable to SME Leasing Limited.
- Post dated cheques of monthly lease rentals for the
entire lease period.
- Any other additional security / collateral mutually
agreed by the lessee
Repayments
- Flexibility is our motto.
- You may get the lease from 03 to 05 years as per your
requirement with option to have equal installments (straight / structured).
- In case of working capital maximum tenure is 36 months.
Down payment:
- It is flexible and depends on your requirements; ideally
we prefer 15% or higher security deposit in the transaction.
Documents Required
- Completely filled in application form.
- Business Plan / Project Details.
- Photocopy of NIC of the proprietor & guarantor
- Passport size photograph of the proprietor & guarantor
- Profile of the Sponsor
- Bank Statement (Last one year)
- Proprietorship certificate from the bank.
- Financial Statements (Last three years)
- Certified by chartered accountants if the lease amount is between
Rs. 2 to 10 million
- Audited by chartered accountants if the lease amount is equal to and
above 10 million
- Copy of utility bills (Last three months)
- Tenancy agreement (where applicable)
- Copy of NTN certificate (where applicable)
- Tax Returns (if available)
Any other as advised by the concerned
Credit Officer
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General Lending Criteria for Partnership
Concern
Financing Limit
- In case of working capital maximum limit of financing
amount is up to Rs. 2 Million.
- In case of leasing we can go up to Rs. 40 Million.
- Loan provided by the company will not exceed 60% of
the forced sale value of collateral.
Project's/Borrower's Eligibility
- The borrower should have a commercially viable business
plan.
- The business concern should generate monthly revenue
sufficient enough to pay out monthly rentals after meeting its expenses
/ operational expenditures or disclose any other sources of income for
paying its monthly rentals.
- Adequate Debt Equity ratio.
- The business concern should fulfill the requirements
of S.E.C.P regulations.
Collateral / Security
- Lease asset in the name of SME Leasing Limited.
- Hypothecation of stocks / additional security of Land
and Building in case of working capital.
- Personal guarantees of proprietor & individual
(guarantor) other than proprietor acceptable to SME Leasing Limited.
- Post dated cheques of monthly lease rentals for the
entire lease period.
- Any other additional security / collateral mutually
agreed by the lessee or lessor.
Repayments
- Flexibility is our motto.
- You may get the lease from 03 to 05 years as per your
requirement with option to have equal installments (straight / structured).
- In case of working capital maximum tenure is 36 months.
Down payment:
- It is flexible and depends on your requirements, ideally
we prefer 15% or higher security deposit in the transaction.
Documents Required
- Completely filled in application form.
- Business Plan / Project Details.
- Photocopy of NIC of the proprietor & guarantor
- Passport size photograph of the proprietor & guarantor
- Profile of the Partners
- Bank Statement (Last one year)
- Partnership deed
- Partnership certificate from the bank
- Financial Statements (Last three years)
- Certified by chartered accountants if the lease amount is between
Rs. 2 to 10 million
- Audited by chartered accountants if the lease amount is equal to and
above 10 million
- Copy of utility bills (Last three months)
- Tenancy agreement (where applicable)
- Copy of NTN certificate (where applicable)
- Tax Returns (if available)
Any other as advised by the concerned
Credit Officer.
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General Lending Criteria for Private
Limited Concern
Financing Limit
- SME can provide financing within the range of Pak
Rs.50,000.- to Pak Rs. 2 Million
- Loan provided by the company will not exceed 60% of
the forced sale value of collateral
Project's/Borrower's Eligibility
- The borrower should have a commercially viable business
plan
- The business concern should generate monthly revenue
sufficient enough to pay out monthly rentals after meeting its expenses
/ operational expenditures or disclose any other sources of income for
paying its monthly rentals
- Adequate Debt Equity ratio
Collateral / Security
- Lease asset in the name of SME Leasing Limited.
- Hypothecation of stocks / additional security of Land
and Building in case of working capital.
- Personal guarantees of proprietor & individual
(guarantor) other than proprietor acceptable to SME Leasing Limited.
- Post dated cheques of monthly lease rentals for the
entire lease period.
- Any other additional security / collateral mutually
agreed by the lessee or lessor.
Repayments
- Flexibility is our motto.
- You may get the lease from 03 to 05 years as per your
requirement with option to have equal installments (straight / structured).
- In case of working capital maximum tenure is 36 months.
Down payment:
- It is flexible and depends on your requirements; ideally
we prefer 15% or higher security deposit in the transaction.
Documents Required
- Completely filled in application form.
- Business Plan / Project Details.
- Photocopy of NIC of the proprietor & guarantor
- Passport size photograph of the proprietor & guarantor
- Profile of the Company
- Bank Statement (Last one year)
- Financial Statements (Last two years)
- Certified by chartered accountants if the lease amount is between
Rs. 2 to 10 million
- Audited by chartered accountants if the lease amount is equal to and
above 10 million
- Form 29
- Form A
- Copy of utility bills (Last three months)
- Tenancy agreement (where applicable)
- Tax Returns (if available)
- Copy of NTN certificate (where applicable)
- Article of Memorandum of Association
Any other as advised by the concerned Credit Officer
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