Features
Processing Fee & Charges - As per Bank’s updated SOC
Small & Medium Enterprise finance based on business cash flows.
Financing:
Between PKR 500,000/- and PKR 10,000,000/-)
Equity - Minimum 20% of the total solution quotation value
Collateral: Any collateral along with Hypothecation of energy Solution (only through JS Bank’s Authorized vendors) Personal Guarantee & Post- dated cheques
Repayment Equal Monthly installments (EMI)
- Pakistani national
- Operating business for at least one (1) year with sufficient knowledge of the business
- Proof of ownership of premises for solar installation should be provided. In case the property is not owned (leased / rented) NOC from the owner would be required
- Satisfactory credit history of existing bank borrowings
- Financial ability to afford and repay finance
*Disclaimer: limits allowable to Small Enterprises and Middle Enterprises under SBP’s Prudential Regulations for SME