HNB Easy Draft to boost financial agility of enterprises with seamless access to funds

HNB Deputy General Manager – Retail Banking Group Sanjay Wijemanne (fourth from left) exchanging inaugural Easy Draft Facility with Kiribathgoda Customer Centre Leasing Customer Chamath Sigera in the presence of (from left): HNB Head of Leasing Susith Perera, HNB Assistant General Manager – PFS Kanchana Karunagama, HNB Deputy General Manager/Chief Credit Officer Nirosh Perera, HNB Regional Business Head – Greater Colombo Region Vathulan Ganeshan, HNB Kiribathgoda Customer Centre Senior Manager Prabath Vitharana, and HNB Relationship Officer – SME Shashi Abeysundara

Catering to the working capital needs of the business community, Sri Lanka’s most SME-friendly bank HNB PLC, announced the launch of Easy Draft a new hybrid facility designed to meet operational capital and urgent cash flow needs. 

Developed to meet the funding requirements of corporates, emerging corporates, SMEs and personal businesses making use of HNB’s leasing facilities, Easy Draft swiftly addresses short-term working capital requirements by offering easy access to funds, ensuring the efficient management of day-to-day operations. 

“In today’s fast-paced landscape, agility and access to quick funds are paramount to the success of a business. Given that our objective has always been to support entrepreneurs and SMEs, the bedrock of our economy, we believe it is essential that this sector requires greater flexibility. The launch of this new facility offers our customers the peace of mind to take advantage of any opportunity that may come their way with no worry about undue financial costs or long-term commitments,” HNB Head of Leasing Susitha Perera said. 

Customers making use of HNB’s rental facilities, the lowest in the industry, have the option of choosing an Easy Draft tenure that best aligns with their financial requirements. HNB offers a minimum tenure of 12 months, extendable up to 18 months providing borrowers with the flexibility to adapt to changing business dynamics. Moreover, customers can settle their Easy Draft early, at no additional charge. 

The facility comes with competitive interest rates, along with transparent and fair pricing, ensuring borrowers can manage their finances responsibly. Additionally, the lease amounts offered through this facility range from Rs. 1 million to 50 million, depending on a preliminary assessment and the business’ requirements. Customers also have the option to offer more than one vehicle, subject to specified exposures, further enhancing their access to crucial funds.