COMMERCIAL BANKING
Business Loans
Being pioneers of commercial banking, we feel that it is our duty to fulfil financial demands and to provide financial solutions to small and medium scale business entrepreneurs as well as large scale corporate entities of the country, to help them grow.
For Whom?
- Citizens of Sri Lanka
- Entities generating sufficient surplus from business activities
For What?
- For your working capital requirement
- Business expansion (EX; new markets, new products or new services, new delivery channels)
- To move to a new business premises
- Purchase machinery to keep up with changing technology
- And any other acceptable business purpose
Amount
Depend on unique customer requirements, purposes and repayment abilities, security offered, with flexible policies to cater your each distinctive financial need.
Repayment period
Flexible repayment periods varying with your repayment ability, requirements and purpose.
Interest rates
Very competitive interest rates are offered in par with prevailing market rates.
- Block Loans
Business loans granted with easy payment schedules for any business purpose and with one variable instalment.
- Overdrafts
An extension of credit from, when a current account balance reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it up to pre-arranged limit, which can be temporary or permanent.
- Bank Guarantees
A promise made by the bank to provide payment to another bank or lender on a bond, loan, or other liability in the event of default. There are certain varieties of guarantees to suit requirements of customers.
- Bills Discounting
Cashing or trading of bills at less than its par value and before its maturity days to meet working capital gaps of customers.
- Cash Margin
Facilities Facilities are considered for any business purpose with the option of fixed loan instalments or to pay back as and when you can, against cash balances in savings accounts, fixed deposits and savings certificates.