Do you have a company and require financing to purchase additional equipment? Or are you looking for loan to finance working capital needs? To fulfill your business and corporate needs Ace presents The Ace Corporate Loans. The corporate loans are targeted to meet working capital needs as well as long terms needs. The Ace corporate loans are designed to assist company in their long term and short term needs.
Who can apply?
The loan can be provided to a company duly registered in Nepal having a valid registration certificate. The company should provide a report outlining the need for the loan and the purpose of the financing.
Tenure
The tenure of the loan can be adjusted taking into consideration the purpose of the loan. A working capital loan is extended to cover the short term need (1 year or less) so the tenure is set accordingly. However in the case of financing of equipment the tenure can be extended to cover the life of the project.
Security
The client would provide collateral in the form of land and/or building or apartment with adequate value to cover the loan requirement. Other forms of security may be accepted upon terms and conditions.
Ace can request for the additional personal guarantee of share holder and/or directors as required.
