CDB Business Loans
“It’s more than Just a Business Loan”
We extend financial assistance to start or expand your businesses, along with expert guidance and many other value added services.
Let us help your business bloom with tailor-made loans and a variety of other services.
CDB Business Loans are very flexible and are tailored to suit the needs and requirements of small and medium-scale industrial and business ventures.
Special features
- Concessionary interest rates
- A longer repayment period
- A grace period, in which you will only need to pay the interest portion of the loan
- Online Banking facilities
- Support to enhance your entrepreneurship skills
- Speedy service to fulfil your business requirements
We offer loans tailored to suit your business requirements
Loan amount
Loan amount will be decided considering the business requirement of the client and his mortgage collateral value.
Repayment period
You will receive a repayment period of up to 07 years. If the repayment period exceeding 07 years it will be decided on a case by case basis on the merits of the proposal.
Eligible borrowers
- Individuals
- Sole proprietorship
- Partnership
- Limited liability companies
Activities eligible for financing
- Construction of commercial buildings
- Construction of factory buildings
- Purchase of plant and machinery
- Purchase of commercial vehicles
- Working capital requirement or manufacturing and services oriented businesses
- Expansion of a Business
Required documents
- Business Registration ( Sole proprietor/partnership/company)
- Bank statements – last 6 months
- Financial statements – last 3 years
- Management accounts – latest
- NIC copies of Directors
- Deed copy
- Survey plan
- Street Line & Non Vesting certificate
- Extracts – 30 years