Bangladesh

SME (manufacturing sector) financing schemes


Islami Bank Limited
Name of scheme: NRB Entrepreneurs’ Investment Scheme (NEIS); Micro Industries Investment Scheme (MIIS); Small Business Investment Scheme (SBIS)

Applicant's Eligibility: SMEs in Electrical, Accessories, Recycling

Special Eligibility Criteria: Not mentioned

Loan size (max): Different ranges as mentioned below
1. Small Enterprise: Manufacturing Concern: BDT 50 lac to 10 crore), no of employees 25-99
2. Medium Enterprise: Manufacturing Concern: BDT 10 Crores to 30 crores (Excluding land and building including Replacement Cost), 100-250 employees
3. Micro Enterprise: Manufacturing Concern: BDT 5 lac to 50 lac

Debt term (max): Different ranges as mentioned below
1. Term Investment: Mid term: max 5 years, Long term: min 5 years
2. Working Capital/Trade Financing: max 1 year on revolving basis
3. Other Schemes/Investment Products: As per existing Head Office Circulars.

More information available: here


Mutual Trust Bank
Name of scheme: MTB Small Business Loan (SBL), MTB Microfinance, MTB Green Energy Loan

Applicant's Eligibility: SMEs in: Manufacturing, Green Energy (solar, biogas, wind, hydro), Light Engineering, Light Industrial Machinery

Special Eligibility Criteria: Not mentioned

Loan size (max): up to BDT 15.00 crore

Debt term (max): Different ranges as mentioned below
1. Term Investment: up to 5 years
2. Revolving Loan: 1 year

More information available: here


BRAC Bank Limited
Name of scheme: SME Banking

Applicant's Eligibility: SMEs in: Manufacturing (working capital finance)

Special Eligibility Criteria: BDT 15,000 net income per month, min 3 years of business operation

Loan size (max): Different ranges as mentioned below

1. LC (Letter of Credit) Facility: BDT 1 Lac - 2 Crore

2. Loan against Trust Receipt (LATR): BDT 1 Lac - 2 Crore

3. Revolving Loan: BDT 10 Lac - 2 Crore

4. Inland Bill Purchase: BDT 50 Thousands - 2 Crore

5. Overdraft: BDT 1 Lac - 20 Lac

6. Bank Guarantee: BDT 1 Lac - 2 Crore

Debt term (max): max 180 days

More information available: here


Shahjalal Islami Bank
Name of scheme: Renewable Energy, Energy Efficiency, Waste Management

Applicant's Eligibility: SMEs in: Energy Efficiency (Substitution of Conventional lighting system, boiler with energy efficient alternatives on the basis of energy audit, LED Bulb/Tube)

Special Eligibility Criteria: Not mentioned

Loan size (max): between BDT 2.00 lac and BDT 30.00 lac

Debt term (max): between 12 and 36 months

More information available: here


Exim Bank Limited
Name of scheme: SME Banking, Green Banking

Applicant's Eligibility: SMEs in: General Business, Light Engineering etc

Special Eligibility Criteria:  Value of fixed assets, expertise as entrepreneur, annual transactions & income

Loan size (max): as per customers requirements

Debt term (max): 1 to 3 years for working capital validity will be 1 year, renewable on expiry possible

More information available: here


Al Arafah Islami Bank Limited
Name of scheme: Micro, Small and Medium Enterprises

Applicant's Eligibility: SMEs in: Engineering

Special Eligibility Criteria: Small: 25-99 employees, Micro: 10-24 employees

Loan size (max): Small  Enterprise Investment Scheme: BDT 50,000 to BDT 500,000,  Micro  Enterprise Investment Scheme: BDT 50,000 to BDT 100,000

Debt term (max): Different ranges as mentioned below
Small  Enterprise Investment Scheme: 3 years
Micro  Enterprise Investment Scheme: 2 years

More information available: here


One Bank Limited
Name of scheme: SME Banking

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: age of the applicant 25-52 years, business established for minimum 02 years (03 years for women entrepreneurs), monthly sales turnover is more than BDT 6 lacs (for urban areas) and BDT 3 lacs (for rural areas), operating in a rented / owned premises for a minimum period of 2 years, total assets (excluding land & building) between BDT50,000/- to BDT 1 Crore.

Loan size (max): min BDT 2 Lacs - max BDT 50 Lacs

Debt term (max): up to 03 years for Working Capital Finance

More information available: here


Social Islami Bank Limited
Name of scheme: SME Banking

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Not mentioned

Loan size (max): min BDT 50.00 lac - max BDT 5.00 crore

Debt term (max): 1 year to 3 years

More information available: here


Midland Bank Limited
Name of scheme: Green Loans

Applicant's Eligibility: SMEs in: Energy Efficiency Technology, Green Plants / Projects / Products

Special Eligibility Criteria: Age 21-60 years, min 2 years of experience

Loan size (max):  up to BDT 25.00 crore including working capital and fixed asset finance

Debt term (max): Not mentioned

More information available: here


Lanka Bangla Fin. Limited
Name of scheme: Small Business Loan, Medium Business Loan

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Age 18-45 years, min 1 month experience                                                                                                                                                                                             

Loan size (max): from BDT 0.3 million to BDT 2.5 million

Debt term (max): up to BDT 1.5 million: 36 months, above BDT 1.5 million: 48 months

More information available: here


IDLC
Name of scheme: Term Loan, Project Finance, Short Term Loan

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Age 20-60 years, min 2 years experience

Loan size (max): up to BDT 2 crore, without any collateral for up to Taka 25 lac

Debt term (max): from 13 months to 60 months

More information available: here


BRAC
Name of scheme: Small Business Loans

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Not mentioned

Loan size (max): Not mentioned

Debt term (max): Not mentioned

More information available: here


ASA
Name of scheme: Micro Credit

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Not mentioned

Loan size (max): BDT 1,00,000-10,00,000 or US$ 900-12,658 depending on the economic potential of area and client's capacity

Debt term (max): 12, 18, 24 or 30 months based on nature of enterprises

More information available: here


Disclaimer:

This list of banks has been compiled upon the request of METABUILD client companies, only to provide a starting point for the search of potential financing schemes. Neither the METABUILD project, nor the European Union (EU), nor any of the project implementation partners endorse, approve or recommend any of the banks listed here. The METABUILD client companies are strongly advised to explore beyond this list and to select financing schemes based on their merit using their own criteria. If you would like additional financing programmes to be included you can contact us at amarnath@metabuild-southasia.org.