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Working Capital to Service Industry

Service industry looking for bank finance to meet its day-to-day functioning of the business for making payment such as salary, utility bills, rents etc. TB Trust is there to assist your financial requirement through Working Capital to Service Industry.

Individual/firms who wish to start hotel/resort/schools/Colleges or any project involved in the business of delivering services.

Click here to refer interest rate chart

Maximum of 75% of the collateral value or 50% of the hotel/company stock value.

20 year including gestation period.

  • Application
  • Copy of citizenship identity card.
  • Business income tax paid certificate and personal income tax assessment for individuals & Business units, if it is in operation.
  • Certificate of Incorporation issued by the ROC, if applicable
  • Audited Financial Statements- Balance sheet & P& L Account for last three years, if it is in operation.
  • Projected profit & loss statement for next financial year.
  • Valid Trade License.
  • Board resolution wherever applicable.
  • Copy of tax paid and clearance certificate (not applicable to new business).
  • Copy of stock insurance/ building insurance/company assets insurance.
  • Ownership certificate(s) of the collateral security offered to bank.
  • Consent letter from the joint owner or co-owner if the collateral provided is in joint and co-ownership.
  • For family owned land, family (household) register issued by Department of Civil Registration and Census, MoHCA and NOC from family members (18 years and above) (if applicable).

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