SHWE Bank Term Loan is the best fit for the long-term capital investment of the businesses such as purchasing Machinery, Equipment, Property, etc.
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Operating Instrument :
Suitable for :
Term Loan is suitable for businesses which require financing for a long-term capital investment.
Loan Tenure :
Up to 3 years
Eligible Collateral :
Interest Rate :
10% per annum
Service Charge :
1% flat on the sanction amount
Repayment Method :
Interest is to be repaid monthly or quarterly and principal is to be repaid as a bullet payment at the final maturity date. (Or) Fixed monthly repayment method.
Documents related to the loan applications
Documents related to the business
Documents related to the applicants
Documents related to the Collateral