More Corporate Banking Loans
UCB offers working capital finance by way of:
UCB is active in building partnership with the entrepreneurs by extending Equity and Venture Capital financing.
- Hire Purchase
UCB provides Hire Purchase (HP) facility to finance capital machinery, equipment and vehicle of industrial and other business units. In a Hire Purchase facility the borrower agrees to take the machinery and equipments on hire at a stated rental on an agreed tenure payable in equal installments that includes both principal and interest. Once payments of all required installments are made the ownership of the goods is transferred to the borrower.
- Lease Finance
UCB also provide loan under lease agreement to finance capital machinery, equipment and vehicle to the manufacturing and other business units. In this case the leaseholder is given the exclusive right to use the leasehold asset for an agreed period of time against payment of rent.
- Transport Loan
UCB is extending its facility to the transportation sector by providing transport loan to help purchase vehicles used in the public transportation services.
- Work Order Finance
UCB provide work order finance for execution of work order against assignment of work order/bill for implementation of contractual works. This facility is provided both in funded and non-funded form for both short and medium term as Overdraft against Work Order or OD (Work Order), Performance Guarantee (PG), Advance Payment Guarantee (APG), Guarantee against Retention Money, Earnest Money, and Bid Bond.
- Developer Finance
UCB is actively involved in the development of the Real Estate Sector of Bangladesh. We provide all kinds of finance to the real estate developers who are involved in real estate business.
- Off-Shore Banking
UCB is providing all kinds of commercial banking services to the non-resident customers through our two Off-Shore Banking Units in Dhaka and Chittagong.
- Purchase of Bills
UCB purchases export documents against valid Sight/Usance Export L/C and Local Usance L/C under the head of Foreign Documentary Bills Purchased (FDBP) and Local Documentary Bills Purchased (LDBP) as Post-shipment finance.
UCB provides both foreign and local Letter of Guarantee on behalf of our valued customers. Our guarantee services include Bid-Bond, Performance Guarantee, Advance Payment Guarantee, Customs Guarantee, Shipping Guarantee, etc.