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JS / Business / SME / JS Working Capital Business Loan

JS Working Capital Business
Loan

JS Working Capital Business Loan offers your enterprise the chance to fulfil your working capital requirements without facing the challenges of liquidity and cash-flow constraints. Through JS Bank Working Capital Business Loan we offer 1-year term loan with financing of up to Rs 50 million at a highly subsidised mark-up rate of 6% per annum.


Financing From PKR 500,000 to PKR 25 million for Small Enterprise & up to PKR 50 million for Medium Enterprise

Equity No equity contribution required

Processing Fee Minimum PKR 5,000/- or 0.5% (whichever is higher) of the loan amount

Financing Tenure Maximum loan tenor of 1-year with equal monthly installments

Collateral Land, Gold or any other tangible collateral as per Bank’s policy

Mark-up Rate Subsidized mark-up rate of 6% per annum

The following industries are applicable under this facility:

Furniture Surgical Goods Fruits, vegetables and food processing & packaging Information Technology(IT) Gems and Jewellery
Leather Industry Dates Processing Printing & packaging

The eligibility criteria for the applicants under this financial product includes:

    • Operating in business for at least three years with sufficient knowledge of the business
    • Computerized National Identity Card (CNIC) holder, with maximum age of 60 years

 

      • To apply the applicant would also need to provide:
        1. Filled and Signed Request Application Form of JS Working Capital Business Loan
        2. Copy of CNIC/NICOP
        3. Two (2) recent Passport size Photographs
        4. Processing Fee Deposit Slip
        5. Audited Accounts and Management Accounts, as per SME Prudential Regulation, where applicable
        6. Personal guarantee of the owner/directors. Sponsor directors’ personal guarantee in the case of limited companies
        7. Supporting Documents/Undertaking to be obtained for proper utilization of loan.
        8. Business proof of last 3 years
        9. Last 1 year bank statement along with bank certificate for non-JS Bank account holders
        10. Maximum 3 Bank statements of at least 1 year
        11. Any other requirement of the Bank

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