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.
