UB Finance launches ‘Easy Draft’

Thursday, 31 July 2014 00:30 - - {{hitsCtrl.values.hits}}

Senior Manager Marketing Communication Chinthaka Gamage, Chief Operating Officer Suresh Kandiah, ‘Easy Draft’ customer Sisira Kumara, Senior Manager Factoring Himali Perera and CEO/ED Ransith Karunaratne at the launch of UB Finance’s ‘Easy Draft’

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 drawdown 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, a subsidiary of Union Bank of Colombo PLC, has been steadily expanding its footprint throughout the country while introducing innovative customised financial solutions to meet the specific requirements of its valued clientele. The company is focused on becoming a total financial solution provider and high quality service delivery.