Global Tech SME Loan
Providing Capital Financing for Innovation and Expansion.
Overview
The Global Tech SME Loan is a tailor-made financial plan designed to fulfill the specific requisites of Tech-firms situated in Nepal. This facility helps to finance the increase of operations, the improvement of infrastructure, and the smooth handling of cash flow thereby making your company a leader in the domestic market and ensuring its growth beyond the next few years.
Strategic capital is the lifeblood in the fast-paced Information Technology industry to continuously keep one’s self ahead of the competition and reap the benefits of new opportunities. The Global Tech SME Loan is a precise financial plan designed uniquely to cater the specific needs of technology enterprises in Nepal.
Features
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Access capital up to NPR 5 Million to fuel your growth
Flexible Loan term - short-term or long-term
Exclusively designed for Tech/IT Firms
Competitive interest rates
Eligibility Criteria
This credit facility is available to established Information Technology (IT) and tech-enabled firms that meet the following prerequisites:
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Must be a legally registered entity within Nepal.
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A minimum operational history of one (1) year.
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Demonstrable profitability and a positive net worth in the latest financial statements.
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A clean banking record with no history of defaults.
Available Loan Facilities
We offer two distinct loan structures to accommodate a range of financial requirements, from short-term operational liquidity to long-term capital expenditure.
Short Term Loan for Working Capital Management
Designed to address immediate operational funding needs and optimize cash flow. This facility is suitable for managing accounts receivable cycles and financing short-term project expenses.
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Facility Limit: Up to NPR Million
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Tenure: Up to days, or as per the company's cash conversion cycle.
Term Loan for Capital Expenditure
Intended for strategic, long-term investments in business assets. This facility can be used for the procurement of essential hardware, software, office equipment, or for physical expansion.
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Facility Limit: Up to NPR Million
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Tenure: Up to years, or corresponding to the useful life of the underlying assets.
Purpose of Finance
The proceeds from the Global Tech SME Loan may be utilized for various IT business purposes, including but not limited to:
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Expansion of personnel and talent acquisition.
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Procurement of hardware, software, and IT infrastructure.
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Management of working capital and operational cash flow.
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Funding for marketing, sales, and business development initiatives.
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Financing new projects and fulfilling contractual obligations.
Key Loan Parameters
| Parameter | Specification |
| Maximum Facility Limit | Up to NPR 5 Million |
| Interest Rate | As per the institution's published schedule of rates |
| Loan Administration Fee | 0.75% of the sanctioned loan amount |
| Primary Collateral | Assignment of company's receivables, stock, or fixed assets. |
| Additional Covenants | Personal Guarantee (PG) from proprietors/directors and requisite insurance coverage for financed assets. |
