UB Finance launches 'Easy Draft' for Small and Medium Enterprises

UB Finance enhanced its product portfolio by introducing another attractive working capital tool "Easy Draft".

This innovative working capital solution has been developed to fulfill the short term financing requirements of small and medium enterprises.

The unique features of the UB Finance "Easy Draft" include the speed of approval, flexible drawdown/repayment and low cost. A credit limit will be approved by UB Finance based on an asset value which the client can draw down at anytime as and when there is a cash requirement, repayment is flexible which will determine how much interest is paid. Customers will be able to obtain an "Easy Draft" facility from any of the UBF branches conveniently located across the Island.

UB Finance is a subsidiary of Union Bank of Colombo PLC and has been steadily expanding footprint throughout the country while introducing innovative customized financial solution to meet the specific requirements of its valued clientele.