SME Banking
DBBL Distributor Financing (Cash Credit) “Prosher”
| Purpose | To meet up working capital requirement of business entities engaged in distribution. |
| Target Customers | Distributors of well- known local or multi-national companies under Cottage, Micro, Small and Medium Entrepreneurs as per definition provided by Bangladesh Bank |
| Loan Amount | Maximum up to 20.00 Mil. |
| Interest Rate (Floating) | Competitive Interest Rate |
| Processing Fee | Nil |
| Renewal/ Enhancement Fee | Nil |
| Tenure | 01(one) year, Renewable (renewable after complying certain terms and conditions) |
| Overdue charge | Additional 2% p.a. on overdue amount |
| Stamp charges & VAT | All relevant Stamp, CIB charges & VAT (as per Govt. rules) |
| Eligible Entrepreneur /Owner | Nationality: Bangladeshi by birth Age: Minimum 21 years to maximum 65 years, for renewal purposes maximum age may be considered up to 70 years Experience: As an entrepreneur must have experience at least 3 months business experience supported by valid Trade License |