OVERVIEW
HBL Small Business Finance offers Running Finance, Demand Finance, Letter of
Guarantees and Letter of Credit against mortgaged of residential/ commercial/ industrial
properties.
FEATURES

Financing up to PKR 15 million

Complete financing package for meeting working capital, guarantees and business
expansion needs of your business.

Quick and convenient processing.

Competitive markup/installment rates and processing fee.

No stock insurance is required.
REQUIREMENTS

The sponsor/mortgagor/borrower/ must be resident Pakistanis having age between 25
to 65 years

A business in operation for at least 3 years.

Attested photocopy of CNIC of Sponsor/Owner/proprietor/Partners/Directors and
mortgagor.

Loan application Form on Prescribed Format

Copies of last 3 years Income Tax returns filed in the business name, if applicable

Copies of last 3 years Income Tax and Wealth Tax returns / statements filed for
partners/ proprietor/ directors, if applicable

Copy of Title documents (Sale Deeds, Transfer Letter, etc.), latest payment receipt for
Property Tax and duties, levies paid in respect of the property and other supporting
documents of property offered to the bank as security

Copy of current professional association / trade body membership/NTN certificate, if
applicable

Copy of Rent Agreement of business place (if premises is on rent)

Two recent Passport size Photographs of the partners / proprietor

Stock report in case of Manufacturing and Trading concern

Your last paid utility bill and business data

A certified copy of your bank statement for the last 1 year

A proprietorship letter or partnership deed or latest form 29 or search report as
applicable

Evaluation of collateral and legal vetting of property documents
*Financing facilities are approved at bank’s discretion.
REPAYMENT MODE & FREQUENCY

RF: Quarterly

DF: Repayable in equal monthly installments consisting of principal and mark-up.

Mark-up payments can be made through direct debits / online and deposits at branch
counters
TENOR OF LOAN

Running Finance- On Demand

Demand Finance- Up to 3 years

Letter of Guarantee- Up to 3 years

Letter of Credit- Up to 180 days
PRICING

Running Finance: 3 months asking KIBOR plus applicable spread

Demand Finance: 1 year asking KIBOR plus applicable spread

Letter of Guarantee/Letter of Credit: As per Schedule of Bank Charges