The partnership titled '
The e-CAB members can now avail collateral free loan up to Tk 50 lakh and other tailor-made financing solutions.
Under the arrangement, the e-commerce firms will get working capital (CC, OD and Demand Loan), Term Loans for Fixed Asset Purchase and Capital expenditures, International Trade solution- LC, LATR, IDBP etc., Bank Guarantee, Work Order etc.
They can also avail a wide range of deposit products and free Internet Banking - ALTITUDE - for conducting broad range of e-transaction. They will need two-year business experience and introduction letter from e-CAB.
The companies can apply for loan from the comfort of their office or home as
Minister for Post and Telecommunications
Minister for Post and Telecommunications
"Like immovable property in other business, the knowledge and intellectual property of an ecommerce entreprener are valuable asset. Young and creative entrepreneurs are bringing in new innovation in ecommerce industry and injecting dynamism in the economy. If we do not understand their business, we will fall behind. I think after this initiative of
Commenting on the alliance, Managing Director and CEO, Prime
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