Business loan is a kind of financing you can avail to meet the urgent needs of your growing business. If you need funding to expand your existing business look no further than a Dragon Business Loan.

To facilitate factory set-up or infrastructure enhancement activities and/or working capital financing, trade financing and non- funded facility to manufacturing, trading, service and productive sector involved in commercial business activities.

Loan Type

• Term Loan for Fixed Assets Financing

Eligibility

• The applicant should be a firm/company.
• Proprietor/owner or key person of the business should have at least 3 years experiences in similar/related business.

In case of fixed assets Financing

• For Existing Unit: Concerned unit should have one year successful / profitable operation history with positive income/cash flow.
• For New Unit: Existing business venture/s of the ownership/group having at least one-year profitable operation history with sustainable income/cash flow.

Loan Limit

• Need Based

Interest Rate

• 75% – 14.75%

Loan Time

• Up to 5 Years

Repayment of Loan

• The loan is repayable in Equated Monthly Installment (EMI) or
• Equated Quarterly Installment (EQI).

Security

• Collateral base

Insurance

• Business Insurance
• Accidental insurance

Fees and Charges

• As per the rules of Dragon Saccos.

Requirement Documents

• Company Registration Business Documents (MOA & AOA)
• Citizenship Certificates
• Two copies of PP size photo
• Audit Report of P/L Account last 3 Years
• EMI income must be shown
• PAN/VAT Certificate
• Company Renew Documents
• Tax Clearance Certificate

Special Considerations

• Business must be registration under the Nepal Government Policies
• Business must be running last 3 Years.
• Age: 22 Years to 65 Years