SME BANK - https://www.smebank.org
Small Business Big Opportunity. SME bank Ltd was established to exclusively cater to the needs of the SME sector. it was created to address the needs of this niche market with specialized financial products and services that will help stimulate SME development and pro poor growth in the country.
Corporate Objectives The objectives of the SME Bank are as follow: To support, develop and promote Small & Medium Enterprises (SMEs) by providing them the necessary technical and financial assistance. To concentrate on value addition and export oriented SMEs To enable SMEs to play a vital role in stimulating GDP growth, create job opportunities and reduce poverty.
VISION
We will be the leading institution for providing financial assistance for the development and support of Small and Medium Enterprises (SMEs) in Pakistan.
We will respond to the needs of Small and Medium Enterprises by providing them with necessary financial assistance and business support services in the form of short to long term funds.
Will, through support of SME sector, contribute to the growth of local entrepreneurs, develop export markets and provide employment opportunities in the country.
MISSION
TO SUPPORT AND DEVELOP THE SME SECTOR BY PROVIDING NECESSARY FINANCIAL AND TECHNICAL ASSISTANCE ON A SUSTAINABLE BASIS.
TO ENABLE THE SME SECTOR TO CONTRIBUTE TO ECONOMIC DEVELOPMENT THROUGH VALUE ADDITION AND EXPORTS.
PROMOTE ENTREPRENEURSHIP AND CREATE EMPLOYMENT OPPORTUNITIES.
BEST FEATURES:
BACHAT ACCOUNT
SAVING ACCOUNT
LOAN FOR SMALL BUSINESS

This is a short-term finance and is used to meet short-term funding requirements of the borrowers. This type of finance does not have a fixed number of payments, as in the case of instalment finances. Running Finance is a revolving finance. Once the finance limit is approved, then the borrower is free to withdraw amounts to the extent of that limit. The borrower can withdraw and repay the amount as many times as he wishes to; but he has to pay mark-up on the amount which he has actually used on monthly basis.
Products Features
Available for working capital requirements e.g. purchase of stocks, raw material etc.
Avail finance facility from Rs.0.5 Million to Rs.100 Million
Tenor is one year. (renewable upon expiry) .
Principal financing amount is to be adjusted on expiry of the period fixed for the facility.
Mark-up rate: 1 year KIBOR + 8.5 % p.a
Mark-up to be paid on yearly basis
Fast track processing for business existing over two years.
Mortgage of urban residential/commercial/industrial properties acceptable to the bank (Max. financing will be 70% of Forced Sale Value of the security & collateral}.
Hypothecation of Plant & Machinery/stocks (with 25% margin)
Personal Guarantees of sponsor/partner/directors. Third party Guarantee(optional).