The following Credit Facilities are available at
Bakhtar Bank:
1.
Working Capital Finance:
The
Bank offers working capital facilities.
Fund-based
working capital products include;
- · Cash credit,
- · Overdraft,
- · Bill discounting,
- · Short-term loans,
- · Export financing (pre-shipment as well as post-shipment).
Working
Capital facilities are provided to finance the day-to-day business
requirements. Funding requirements are structured to finance procurement of raw
materials/stores and payment towards manufacturing costs and other overheads.
Bakhtar Bank offers a combination of operative cash credit and working capital
demand loan to meet the domestic working capital requirements of their clients
2. Short
Term Finance:
Bakhtar
Bank offers short-term loans for a period ranging from 3 months to 12 months to
sound Corporate Organizations for meeting their specific short-term working
capital requirements. The funds are provided with interest rates with varying
repayment patterns.
3.
Bill Discounting:
This
product enables Corporate Businesses to fund their operating cycle right from
the stage of procurement to sale. Bill Financing is extended by Bakhtar Bank to
its clients at competitive rates. Letter of credit backed bill discounting and
clean bill discounting are the convenient mode of financing for domestic trade
transactions. Bill discounting facility is provided for Demand and Usance bills
4. Export Finance:
As an
important incentive to the exporters community for boosting exports, financial
assistance in AFN/USD is extended to exporters on priority basis on relatively
liberal terms. Such finance is provided both at pre-shipment stage (as working
capital finance) and at post-shipment stage (to bridge the time lag between the
shipment of goods and the realization of proceeds).
5. Term Lending:
The
Bank offers term loans at attractive rate of interest to both Industrial as
well as Infrastructural sectors promoted by strong business houses. These loans
are for a period of 3-5 years with a moratorium facility as per the requirement
of the customer.
6. Letter of Credit:
Bakhtar
Bank provides Letter of Credit facility to facilitate orderly movement of
trade.
7.
Bank
Guarantees:
Bakhtar
Bank Provides Bank Guarantees to its customers against “0” to 100% Margin for
Bid Bonds, Performance Guarantee, Advance Payment Guarantees and Financial
Guarantees at competitive rates.
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