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Achieve you business goals with Siddhartha

Siddhartha Bank Limited (SBL) supports businesses in Nepal by providing corporate loans for various purposes. SBL is committed to help your business achieve its goals with various working capital financing solutions at competitive prices. Whether you are starting a new venture, expanding an existing one, or aiming to attain higher operational efficiencies, you can always rely on us for your financial needs.

Corporate Loan
  • Working Capital Loan
     -   The purpose of our Working Capital Loan is to finance working capital requirements of business entities. Such loans are granted in the form of Overdraft/Working Capital Loan/Short Term Loan facilities. SBL’s Working Capital Loan will help you build up inventories and receivables at a level required to run your business smoothly. <> Loan Term Loan
    -   Term Loan for businesses is provided in the form of medium/long-term loans for the purchase of capital goods and creation of fixed assets such as land purchase and construction of buildings. The duration of loan is assessed by analysis of cash flow statement and balance sheet.
  • Import Loan
    -   SBL’s Import Loan is granted for import trade financing. For retirement of various import trade bills, Import Loan is granted in the form of Trust Receipt Loan or Time Loan, which needs to be settled within a specified period. -   In case of Time L/C, the bills of exchange is to be accepted by the applicant/importer and thereafter the import documents are released for the clearance of goods. On the date of maturity, reimbursement is made to the negotiating/collecting bank by debiting the account of the importer for equivalent local currency.
  • Bills Discounting Under Usance Letters of Credit
    -   The Bank provides export finance by way of pre-shipment and/or post-shipment loan. Against export letters of credit, pre-shipment loan is granted up to 80% of the respective export LC. This facility can be availed in foreign currency as well as local currency. The loan is required to be settled by negotiation of documentary bills under export LC or from the export proceeds or post-shipment loan.
  • Export Loans
    -   The Bank provides export finance by way of pre-shipment and/or post-shipment loan. Against export letters of credit, pre-shipment loan is granted up to 80% of the respective export LC. This facility can be availed in foreign currency as well as local currency. The loan is required to be settled by negotiation of documentary bills under export LC or from the export proceeds or post-shipment loan.
  • Consortium Financing
    -   When two or more financial institutions extend credit facilities to a borrower jointly, the arrangement is known as ‘consortium financing’. By consensus, one of the consortium members (generally one who undertakes the largest portion of lending) acts as the lead bank and handles all administrative assignments including loan documentation, insurance management information, loan disbursement/settlement and regular monitoring of the advance. A formal consortium agreement is drawn up which is signed by the financial institutions and the borrower. For large fund requirement for your business or project, SBL arranges ‘Consortium Financing’ through a consortium of banks and/or financial institutions.
  • Bills Purchased
    -   This facility is extended by discounting of cheques/drafts.
  • Bridge Gap Loan
    -   ‘Bridge Gap’ financing is a short-term loan in the form of interim financing pending finalization and disbursement of Term Loan.
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