UBL Wheat Financing is available for SME. It’s exclusively designed for flour mills carrying on business as Sole Proprietorship, Partnership and Private Limited companies.
UBL Wheat Financing is available for SME. It’s exclusively designed for flour mills carrying business as Sole Proprietorship, Partnership and Private Limited companies keeping in view their seasonality business growth. UBL Wheat financing is available for purchase of wheat against fresh crop from the growers and/or open market against mortgage of Flour Mill.
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Customer Request Letter (SE / ME Loan Application Form)
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Valid CNIC
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Audited Financial statements
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Copy of property documents
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Electricity Bill
Contact # 0800-55-825
FAQs - Wheat Financing for Flour Mills
What is Wheat Financing?
It’s a seasonal loan which gives you access to meet your business growth with a one window solution.
Who can apply for loan?
SME business entities including Proprietorship, Partnership, Private Limited Companies can apply for the loan.
What is the maximum amount I can borrow?
It depends on capacity and utilization however max limit is Rs.25 Million for SE & Rs.200 Million for ME customers subject to SBP PR requirement.
What are the financing facilities available?
Following facilities are available to address your business needs
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Running Finance – Pledge
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Running Financing – Hypo
What type of property is required against main facility?
The facility is available against Flour Mill (license holder) as property.
Can I avail multiple loans?
Yes, you can apply for multiple loans.
Can I Early Settle my Loan?
There is no restriction on settling loans prior to loan maturity date. Principal and mark-up will be recovered accordingly; markup will be recovered based on days utilized.
What would be the Mode of Repayment?
Mode of Repayment includes Account Debit Authority / Cashier Cheque / Cheque / Cash / Online Transfer, etc.
Is there any penalty?
No Penalties for early settlement however late payment may attract higher spread.
How can I get loan?
We will forward your request to our relationship management team who will get in touch with you to discuss your requirements