Agriculture Manufacturing

Islamic Refinance Facility for Modernization of SMEs Modernization of SMEs

Faysal Bank Karachi Updated Jun 02, 2026

Payment of Labour & other expenses

Payment to Suppliers

Purchase / Construction / Renovation of Building

Purchase of Agricultural Machinery and Implements

Purchase of Dairy/Livestock/Poultry Machinery

Purchase of Machinery and Equipment

Purchase of Raw Material

Others

Medium to long-term financing is allowed to all SMEs for the modernization of their existing units. Preferably financing is allowed to purchase local or imported new machinery to expand business.
The entity should be profitable for one year.
The company and its sponsors must have clean CIB(s).
The company should be operating in the same sector for at least 2 years.
Other covenants may apply considering the sector where the client operates.

Company profile.
CNIC of all sponsors
SBP's LAF
Audited or Management Financing.
Exact utilization of funds.
Repayment plan
Future cash flows
Other documents/information may be required considering the sector where the client operates

For well-established companies, FBL may allow financing against personal guarantees and hypothecation of current or fixed assets, along with a charge over the asset purchased.
For larger exposures, hypothecation over current or fixed assets with tangible collateral will be required.

Max Amount

PKR 200.0M

Markup Rate

Avg. KIBOR + spread 6 % to 6 %

Tenure

The maximum financing tenor is 10 years including a grace period of 6 months (Financing is allowed preferably up to 5 years)

Processing Fee

As per bank policy

Contact the authorized representative for this product to get personalized guidance and fast-track your application.

Representative

Aamir Salehjee

Phone

021 32795532

Minimum Loan Amount

PKR 25.0M