Long Term Financing Facility For Plant & Machinery
Features
Purpose |
SBP provides long term finance for imported and locally manufactured new plant and machinery to be used by the export oriented projects with at least 50% of their sales constituting exports or their annual exports are equivalent to US$ 5 million, whichever is lower. |
Amount of Finance |
Upto 5 Billion (For SMEs, as per regulations) |
Pricing |
The rates of LTFF is linked with SBP Policy Rate through a formula so that any change in Policy Rate is automatically reflected in rates of the refinance scheme. While doing so, it will be ensured that rates on SBP refinance facility are maintained at such level that they continue to provide sufficient incentive to export sector of Pakistan. |
Tenor of Loan |
Upto 10 years with grace period of up to 02 years |