Working Capital Financing

Working Capital is the life blood for any newly established projects. BASIC Bank’s working capital financing includes all sorts of facilities for every sector of businesses and industries with respect to their nature of operation. Our products and services for financing working capital depending on the nature of facilities can be segmented as –

Non-Funded Facilities

  • Letter of Credit (Cash LC, BTB LC, UPAS, EDF etc.)
  • Bank Guarantee (BB, PG, APG, Payment Guarantee, FC)

Funded Facilities

  • Short Term Loan (3, 6, 9 months)
  • Overdraft – Others
  • Overdraft – Work Order
  • Cash Credit (Hypothecation)
  • Loan against Trust Receipt (LTR)