Best Business/SME Loan Rates for Date in Nepal
Unlock the Best Business Loan Options in Nepal – Tailored Rates, Hassle-Free Comparison, and Expert Guidance!
Best Finance Company Limited
Different types of Business Loan:
Central Finance Limited
Citizens Bank International Limited
Citizens SME Loan
Citizens Equipment Loan
Loan against first class Bank Guarantee
Citizens Agriculture and Livestock Loan
Overdraft
Working Capital Loan/ Short Term Loan/ Demand Loan/ Bridge Gap Loan/ Pledge Loan
Trust Receipt Loan
Export Finance
Other Loan
Loan against Government Bond
Consortium Financing
Deprived Sector Loan
Subsidized Loan
Citizens Pay Day Loan
Citizens Educated Youth Self Employment Loan
Citizens Foreign Employment Returnee Project Loan
Citizens Dalit Community Entrepreneurship Development Loan
Citizens Women Entrepreneurship Loan
Citizens Higher & Technological or Vocational Education Loan
Citizens Youth Self Employment Loan
Everest Bank Limited
SME Loans
Loan to Small and Medium Enterprises (SMEs)
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| Interest Rates | Competitive rate (Subject to Change) | ||||||
| Security | Primary security:
Hypothecation of stocks, debtors, assignment of current assets, bills and receivables of the business.
Hypothecation of Fixed Assets financed
Reasonable Cash margin to be sought Collateral Security: For existing unit: Immovable Property (land and building) covering 125% of loan amount under branch power
For start up business: Immovable Property (land and building) covering 150% of loan amount under branch power | ||||||
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| Insurance |
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Excel Developemnt Bank Limited
Loan
Business Loan
Facilities
Business Loan facilitates small and big enterprises (formally registered with concerned government authorized body) to start or grow their business. This loan product is also expected to help create employment opportunities, create access to finance for people engaged in business, as we believe enterprise of today will graduate into relatively bigger business entities tomorrow.
EDBL finances viable business or products which are already in the market or for new setup of business coming up with new opportunities for market expansion and growth. The business types can be:
- Micro enterprises
- Retailer
- Wholesaler
- Dealer
- Industry
- Service sector and others.
Garima Bikash Bank Limited
Business Short Term Loan is offered to customers for meeting day to day working capital requirements for funding current assets, overheads, administrative expenses etc. This facility can be provided in the form of overdraft, working capital or short-term loans. The maximum tenure of the loan shall be for 1 year and shall be subject to renewal as per client’s requirement and satisfactory transaction record in the account in terms of repayment, turnover, etc.
The purpose of this facility is to finance the working capital requirement of the trading manufacturing and service units/industries. Working capital loans are granted in the form of Overdraft or Demand Loan or Short Term Loan. The working capital loan will help to build up inventories and receivable at a level required to run the business smoothly.
Business Term Loans facility will be provided in order to facilitate customers to establish manufacturing industries or production units as well as service businesses for financing the capital assets required for the business. Long Term Loans can be provided up to 15 years but the tenure can be extended as per the nature of the project.
Major highlights:
| Loan Limit | The minimum loan amount to be NPR 10 Million and maximum up to single obligor limit. |
| Loan Tenure | The maximum tenure of the loan shall be one year subject to be renewed in case of overdraft loan whereas in the case of fixed term loan etc., the tenure of the loan shall be more than one year and up to 20 years per the nature of the project and the requirement of the customer. |
| Repayment | Interest can be paid either on monthly or quarterly basis in case of working capital nature loans and in case of fixed term loans principal and interest can paid on EMI basis. |
| Financing | Total Financing shall not exceed 70% the Project Cost. The project may be financed by the bank after the comprehensive study about the feasibility of the project duly tied up with the project insurance. |
| Eligibility | This loan may be granted to already established or newly established firm’s/Partnership firms/company/institutions or production manufacturing units. |
| Basic Documents | The applicant should provide at least the following documents before initiation of the credit proposal.
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Global IME Bank Limited
Global Small Business Loan
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.
Features
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.
Online LC & BG
Missed Call Banking
Video KYC
Visa – Scan to Pay
Point of Sale (POS) Device
Global Smart Plus
QR Code Payment
Online Account Opening
Goodwill Finance Limited
Agriculture Loan
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Agriculture Loan to provide our customer with flexibility to transact from any branch of our company. This is applicable to our current branch as well as the array of branches we would be opening in near future.
Bank Gurantee
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Bank Guarantee to provide our customer with flexibility to transact from any branch of our company. This is applicable to our current branch as well as the array of branches we would be opening in near future.
Industrial Loan
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Industrial Loan to provide our customer with flexibility to transact from any branch of our company. This is applicable to our current branch as well as the array of branches we would be opening in near future.
Loan Against Fixed Deposit
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Loan Against Fixed Deposit to provide our customer with flexibility to transact from any branch of our company. This is applicable to our current branch as well as the array of branches we would be opening in near future. When you place a fixed deposit with us, you need not worry about lack of liquidity. You can conveniently meet your financial needs by availing of a loan against your deposit value without having to break your fixed deposit.
Purpose
- Personal expenses such as purchase of car, renovation of house, children’s education, medical expenses, etc.
- Business requirements, working capital, purchase of assets, equity contribution, etc.
Loan Against Government Loan
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Loan Against Government Loan to provide our customer with flexibility to transact from any branch of our company. This is applicable to our current branch as well as the array of branches we would be opening in near future. Under the scheme credit facilities are extended to borrowers against financial securities issued by government in the form of National Savings Certificates like government Bonds.
Margin Lending
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Margin Lending to provide our customer with flexibility to transact from any branch of our company. This is applicable to our current branch as well as the array of branches we would be opening in near future. Other documents based on requirement
Trading Loan
We, at Goodwill, give utmost priority to our customer’s convenience. Keeping this in mind we have started the Trading Loan to provide our customer with flexibility to transact from any branch of our company. This is applicable to our
Green Development Bank Limited
Business Loan(ब्यापार कर्जा)
All businesses need to be flexible, so it’s good to be ready for the unexpected. An overdraft will make sure that extra funds are available when you need them.
Any property given as security which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.
All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
Features and Benefits
With a business Loan From Green Development Bank, you can make sure that extra funds are there when you need them.
- Borrow an amount to suit you.
- Only pay interest on the funds you use.
Our commitment to support your business through the economic downturn
- We will meet every reasonable request for competitive commercially-priced finance (whether short-term or long-term) from viable business customers.
- We will not change the availability of overdrafts during the period of a customer’s agreement, as long as their accounts are kept within agreed terms and limits.
- We will do our best to support any viable business through temporary difficulties and into the recovery.
Rates and charges
Details of conditions, charges and interest rates.
Tell us about your plans and needs, we will then agree the interest rate with you and let you know if we require any security. An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the overdraft.
How to apply
To apply for a Business Loan from Green Development Bank you will need to confirm the following:
- you are a sole trader, partner, or director
- you are aged 18 or over
- you require the finance for business use.
Before you apply
Before you apply you will need to have the following information available:
- how much you would like to borrow
- the purpose of the finance
- how many months you would like to make the repayments over.
Himalayan Bank Limited
Small & Medium Enterprises Loan (Business)
Base Rate + up to 2.00% p.a.Premier STDL – OC
Base Rate + up to 2.00% p.a.Premier SME/ Card Merchant Loan � WC Loan
Base Rate + 0.50% up to 2.50% p.a.Premier SME/ Card Merchant Loan � FTL Loan
Explore Other Interest Rates
As a step further to help establishment, growth and expansion of small and medium sized enterprises, Himalayan Bank has developed a special loan package meant just to suit small and medium sized enterprises. Business houses coming from industrial, trading and service sector can avail of this facility to meet their short-term and long-term financing needs. This could come in any form- funded or non-funded, depending on specific needs of the business enterprise:
Target Customer
- Industrial sector such as small and cottage industry
- Trading , sector such as wholesaler, stockiest, retailers, importers, exporters and suppliers
- Service sector such as hotel/lodge, restaurants, medical clinics, travel agencies
- Wholesalers, Retailers, Readymade garments, handicrafts etc
Loan Limit
- Rs. 0.50 Million to Rs. 120.00 Million (5 lacs to 12 crores)
Basic Eligibility Criteria
- Already established enterprise running with good profit margin since last year or new enterprise to be established by individual having proven first hand experience of at least 2 years in similar business entity.
- Satisfactory Profit margin substantiated by positive cash flow
- Loan to be secured by Fixed Assets Collateral
| Types of SME | Funded | Funded | Non Funded |
|---|---|---|---|
| Loan Scheme | Term Loan | Working Capital | – |
| Project Financing, Financing | Overdraft facility, | – | |
| for Capital Items, Civil | Demand Loan, | L/C/ Guarantee | |
| Construction (70% financing) | Trust Receipt Loan etc (70% financing) | – | |
| Loan Tenure | Maximum 12 Years | 1 Year (Renewal on annual basis) | – |
| Loan Repayment | On Equal Monthly Installment (EMI) basis/EQI (Equal Quarterly Installment (EQI) basis | Annual Renewal basis | – |