HBL has researched and studied the huge potential in this very important segment, and has developed a set of guidelines for customer acceptance and to cater to the financial needs of the sector in a focused manner. Fee collection mandate is the key component of School financing, where prospects are offered fee collection through branches, ATM, Internet banking and also fee collection option can be given at school's own websites, beside we can also offer payroll management solution.
HBL not only aims big school chains but provides complete financing solution to small and medium size schools having minimum 100 students and approximately minimum yearly revenue of Rs. 5 million where minimum average per student not less than Rs.2500/=.
Demand finance can be offered for expansion in existing premises or building of new campus, considering the existing and projected revenues.
can be offered to upgrade/renovate the existing facility i-e furnishing etc.
finance can be offered to schools operating on rented premises, where facility
can be offered for owning the premises.
finance can be offered to beef up/install security system etc.
in DF facility may be allowed in tranches considering the construction plan and
the size of facility.
will be assigned at 70:30 Debt/Equity ratio.
finance can be offered to schools in order to meet their payroll, utilities,
rent expenses, fuel, stationary expenses and other working capital requirements.
Maximum 5 years.
Fee collection mandate.
(mortgage of land and building, lien on liquid asset).
of Current Assets
Guarantees of sponsors/ directors.
of collateral as applicable
of recognition by relevant Provincial Education Board as applicable
regulatory approvals should be in place.
3 years Business Financial Statements.
5years’ operating history of business, deviation will be allowed for new
ventures of established business groups.
check to be obtained on the Borrower and Sponsors.
to relevant PRs of SBP and credit policy of the bank.
3 months average asking KIBOR plus 3%.
As per schedule of charges
*Financing facilities are approved at bank's discretion.