Financing Facility of Modernization of SMEs

Home » Products » SBP Concessional Loan Scheme » Financing Facility of Modernization of SMEs

State Bank of Pakistan’s (SBP) ‘Refinancing Facility for Modernization of Small and Medium Enterprises (SMEs)’ is for purchase of new/imported plant & machinery for BMR of existing SME units and/or setting up of new units. Financing for purchase of new generators up to a maximum capacity of 500 KVA is also available under this scheme. However, the capacity of generator shall not be in excess of SME Unit’s in-house energy requirements or up to 500 KVA, whichever is less.

Salient Features

  • Financing up to Rs. 100 Million is available to wide range of SME clusters/ sectors such as  (i) Rice Husking, (ii) Cotton Ginning, (iii) Power Looms, (iv) Dairy & Livestock, (v) Cutlery & Stainless Utensils, (vi) Surgical Instruments, (vii) Marble & Granite, (viii) Engineering Goods (Electronics), (ix) Fisheries, (x) Packaging/ Processing of Fruits/ Vegetables, (xi) Furniture, (xii) Gems & Jewellery, (xiii) Sports Goods, (xiv) Agro-based Industry.
  • Tenor is one to Ten years (however, to be fixed as per bank’s lending product)
  • Mark-up Rate: 6% (subject to revision by SBP from time to time)
  • Fast track processing
  • Repayments through equal quarterly/half yearly installments.
  • Mortgage of urban/commercial/industrial properties acceptable to the bank (Maximum financing will be 70% of Forced Sale Value of the security / collateral)
  • Hypothecation of Plant & Machinery/stocks
  • Personal Guarantees of sponsor/partners/directors. Third party Guarantee (optional)

Click here for Request For Information

Your call on us, Call our Toll Free Number


For SMS and ATM

Call our Universal Access Number Now


For General Banking