Allied Bank Limited :: Commercial

Following are the main credit facilities we offer:

	RF/CF:These are short term credit facilities (maturity of up to one year) lent to customers to meet their day-to-day business/working capital requirements and finance their inventories, receivables, etc.

Generally, in addition to collateral security, these facilities also entail security in the form of hypothecation of stocks and receivable/pledge of stocks.

	Export Refinance Facility: This is mainly the same as RF/CF, but as per the Terms and Conditions set by SBP, is meant exclusively for exporters.

	Foreign Bill Purchase/Bill Discounting Facility: This loan/facility is provided to exporters against their export bills under LC and a contract to facilitate their cash flow, while they are waiting receipt of their payments.

	LC (Sight /Usance): This facility allows importers to import goods and machinery.

	FIM/FATR: These facilities allow customers to finance imported goods against Pledge & Trust Receipts, backed by collaterals.

	Demand Finance Facility: This is a medium/long term credit facility available to establish new projects for BMR and capacity expansion with a repayment term of more than one year, which can be paid back in installments. This facility meets clients’ long term needs such as, financing factory constructions or machinery expenses.

	Inland LC (Sight/Usance): This facility allows customers to purchase commodities within the country.

	Letter of Guarantee (LG): On behalf of the customers, the Bank issues a guarantee in favour of the beneficiary, against the performance of a particular job/contract, within a particular time.

	Import Export:
	Allied Bank provides highly efficient trade finance services for import/export businesses through a large number of authorized branches where trained and motivated staff is available to handle the business on the customer’s behalf.