Nepal

SME (manufacturing sector) financing schemes


Rastriya Banijya Bank Limited (RBB)
Name of scheme: Financing Energy Efficiency Programme Nepal GRANT

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: financing for machinery or equipment purchase & process implementation (no second-hand equipment and machinery)

Grant size (max): min NPR 1 million (over NPR 5million: must cover 30% of the investment costs with a bank loan), max NPR 10m

Debt term (max): Grant

More information available: here


Machhapuchchhre Bank
Name of scheme: SME Term Loan

Applicant's Eligibility:

- SMEs in: Retail, Wholesale, Industry, Service
- First Charge over the asset
- Personal Guarantee of Directors / Partners / Proprietor.
- Promissory Note and Loan Deed.
- Mortgage Deed, where mortgage over Fixed Assets

Special Eligibility Criteria:

- Detailed Project Report
- Profile of Company and its Director(s) or Firm and its Partners / Proprietor.
- Registration documents of the company / Firm (renewed, as applicable).
- Loan Application Form.
- Other documents as sought by the Bank

Loan size (max): not mentioned

Debt term (max): 10 years

More information available: here


NMB Bank Nepal
Name of scheme: SME Term Loan

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Not mentioned

Loan size (max): min NPR 5 Million, max NPR 50 Million (up to 70% of the total requirement)

Debt term (max): 3 to 13 years

More information available: here


Nabil Bank
Name of scheme:
Nabil Sajilo Karja (term loan)

Applicant's Eligibility: SMEs in: trading, small service industries and small scaled manufacturing units

Special Eligibility Criteria:

- Application Form (can be downloaded from the link below)
- Past two years' audited financial statements
- Next three years projected financial statements.
- Projected financials for next three years for start ups
- Certificate of Firm/Company registration
- PAN Certificate and Tax paid receipt of last financial year (the most recent available)
- Memorandum and Articles of Association (as applicable)
- Latest Certified shareholding pattern
- Decision of Board of Directors to apply for credit facility with assignment of power of attorney to account operators

Loan size (max): NRs. 1.5 crore

Debt term (max): 6 years

More information available: here


Shine Resunga Development Bank
Name of scheme: Industrial Loan

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria:

- Legal Mortgage on Freehold Property (Land and Building) valued by bank
- Property being mortgaged shall be insured sufficiently to cover the Loan amount.
- Business Plan for loans over NRs. 10 million
- max 80% of Total Investment Cost for fixed assets
- max 70% of the Net Working Capital for Working Capital Loan

Loan size (max): min NPR. 10 million

Debt term (max): 1 to 15 years

More information available: here


Everest Bank Limited
Name of scheme: Loan to Small and Medium Enterprises (SMEs) (Term)

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria:

- paid-up capital up to NPR 10 million
- min 2 years of profitable operation
- collateral Security: Immovable Property (land and building) covering 125% of loan amount

Loan size (max): NPR:50 million

Debt term (max): 10 years

More information available: here


Bank of Kathmandu Limited
Name of scheme: Small Enterprise Loan (term)

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria:
- at least 2 years experiences in similar / related business
- audited Financial Statement / Projected Financial Statements, as applicable
- projected sales turnover statement (min 1 year)
- for fixed assets financing: 1 year profitable operation with positive income / cash flow

Loan size (max): NPR 0.35 - 10 million

Debt term (max): 7 years

More information available: here


Sanima Bank
Name of scheme: Small Business Growth Loan (term)

Applicant's Eligibility: SMEs in: General Business

Special Eligibility Criteria: Not mentioned

Loan size (max): NPR 10 million

Debt term (max): 7 years

More information available: here


Sanima Bank
Name of scheme: SME Loan (term)

Applicant's Eligibility: SMEs in: Manufacturing, trading and services units

Special Eligibility Criteria:

- min track record of three years
- profits in the last two years
- min security coverage

Loan size (max): min Rs. 10 million, max Rs. 50 million

Debt term (max): 10 years

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.