BML STL Meridian Finance

You might also like

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

August 10, 2020

To
Managing Director
Meridian Finance and Investment Limited
Level - 6, Silver Tower, 52 Gulshan Avenue
Dhaka 1212

Sub: Request for short term loan of BDT 50.00 Million A/C Banga Millers Limited.

Sir,

Banga Millers Ltd (BML), a sister concern of PRAN-RFL group, incorporated on 25th April 2010, under
the company's act of 1994. The business of BML is growing both in domestic and export oriented
markets. So we need a financial assistance to meet up working capital requirement for smooth operation.
So we are requesting to you for allow an Short term loan facilities of BDT 50.00 Million.

Nature of facilities: Short term Loan


Extent of limit: BDT 50.00 Million
Preferred interest rate: 9% pa on quarterly rest basis
Security: Security cheque, director’s personal guarantee,
Usual charge documents

We hope to have a long standing relationship with your financial institution. We assure you our personal
and professional cooperation in coming days.

Thanking you

Authorized Signature

You might also like