Introducing Global Small Business Loan - the perfect loan product for small businesses and individuals who are looking to grow their businesses. With Global Small Business Loan, Global Bank Limited committed take small business financing to the next level. This loan product is designed to help small businesses and individuals located within the vicinity of the bank's service outlets.
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Global Small Business Loan
The perfect loan product for small businesses and individuals who are looking to grow their businesses. With Global Small Business...
Features
Counseling to help better financing by our Relationship Managers throughout the process.
Tenor: Maximum up to 10 years for installment basis and 1 year for revolving nature.
Competitive premium rate
Flexible Repayment Schedule: Monthly (EMI) or quarterly (EQI) basis or quarterly interest payment.
Fast approval process
Maximum limit up to 1.5 Million.
Facility available in all branches
Eligibility
- Small business in the vicinity of the branch.
- Firm registration.
- Domicile of locality.
- Borrower/Guarantor should be eligible for insurance coverage.
- Should not be exposed to other Banks/Fls.
- Female member of the household to be preferred.
Documents required
- Loan application form duly filled and signed in standard format of the Bank
- Photocopy of citizenship certificate of applicant, guarantor(s).
- Passport size photographs of applicant, guarantor(s).
- Name of the family members
- Location map of the resident and business premises including site visit report by
- BM/RM.
- Multiple banking declarations.
- Firm Registration.
- Medical checkup report of the client as required by Insurance Company and other documents as per the requirement to insure the client.
- Other documents stipulated by the Bank from time to time.
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