SME Banking

SME Banking is Small and medium enterprises. Small and medium enterprises (SMEs) are critical for the economic and social development of emerging markets. They play a major role in creating jobs and generating income for low income people. They foster economic growth, social stability, and contribute to the development of a dynamic private sector. As such, access to financial services is vital in developing a vibrant SME sector in any economy. In many emerging markets, however, access to financial services for SMEs remains severely constrained.

ABZ Commercial Brokers has a long history of being an SME oriented bank. We bank thousands of small and medium sized businesses across the country with many relationships spanning across decades. Customer centricity, deep understanding of the segment have been cornerstones of our approach in this segment. Our ‘Single Window’ banking approach provides hassle free banking by ensuring that the same branch takes care of all your business and personal banking needs.

We offer a range of solutions tailor made for SMEs. Some of the key products that we offer:

Cash Credit/ Over Draft- Short-term credit to meet your day to day working capital needs. You can continuously draw up to the predetermined limit as and when needed.

Term Loans- Long-term funds to support growth, be it capacity expansion, product diversification, plant modernization or other similar requirements. The repayment obligations are on the basis of the estimated cash flow of your business. These loans are secured against the fixed assets acquired through the loan and secondarily against suitable collateral security wherever required.

Inland Bill Discounting Facilities - Offer a quick and low cost funding option. Discounting of credit worthy bills or receivables, say drawn against Letters of Credit or firm orders could be provided for a period of 3-6 months based on the tenor of the bill.

Export Finance - Can be taken for procuring raw materials, manufacturing/processing, packaging and shipping goods; as Pre-shipment Credit against firm order and/or as Letter of Credit. Finance is provided either in Indian or foreign currency.

Buyers Credit- ABZ Commercial Brokers provides Buyer's credit, Import Letters of Credit, to Importers (Buyers) that can meet the payment obligations to overseas lenders i.e. Banks and .Financial Institutions.

Bank Guarantees - We offer performance guarantee or financial guarantee at very competitive rates.