SBP introduced the scheme for SMEs to modernize and also to address power shortages
- Financing shall be available to wide range of SME Clusters/ Sectors
- Financing shall be available for purchase of Brand New Imported/Local Plant & Machinery for BMR of existing units and setting up of new SME units
- Financing under the scheme shall be available only against LCs in case of financing against import plant and machinery
- Payment to be made directly to the Supplier