Bangladesh Bank Format of Project Profile

Entrepreneurship Support Fund (ESF)

 Company Profile Format

Application Format

(To be typed on letter head pad)

Date : ………………….

The Manager

Bank/Financial Institution

………………………….

Subject: Application for Loan under Entrepreneurship Support fund (ESF).

Dear Sir,

We are submitting herewith our company profile togetherwith all other related and required documents for the loan of Tk…………………(in word) from ESF for your kind approval. A Cheque/Pay Order amounting of Tk……………….(in word) is also enclosed herewith as project appraisal fee including VAT and Tax (non-refundable).

 It will be our great pleasure if you would approve the said amount of loan in favour of our company.

Thanking you,

Yours Faithfully,

(…………………………….)

Managing Director/Chairman

 (Seal of the Company)

Enclosed: as above.

Company Profile Format

  1. Company :
  1. Name of the company :
    1. Corporate Set-up (have to be Private Limited Company):
    1. Date of Incorporation of the company :
    1. Capital :
  1. Authorized and Paid-up Capital:
 AmountFace valueNumber of shares
Authorized Capital:    
Paid-up Capital   
  • Shareholding pattern :
SL. NoNamePositionNID No.Number of SharePercentage of shareholdingRemarks
       
       
  • Particulars of Project:
  • Name of the Project:
    • Type of the Project:
    • Project Cost:
    • Background of the Project:
    • Location of the Project:

(Please mention plot number, mouza number, area, up to date rent receipt and statement of land whether it is free from encumbrance.

  • Management Aspects :
  • Name of Sponsor-Directors of the company, their background and experience:
    • Comment on the management and financial capabilities and track record:
    • Performance of other concerns (if any), where such Directors are involved:
    • Details of foreign collaboration (if any):
    • Name of Directors with their phone numbers who will be responsible for supervising the administrative and technical aspects of the project at the implementation and production stages:
    • Name of key personnel of the company, their background, experience & contact number:
  • Technical Aspects :
  • Location –
  • Area of land:
  • Condition of land:
High                Low
 
Flood free    Flood affected              Flood controllable
 
One-crop land            Two-crop land
      Three-crop land          Not cultivable land
The distance of project from locality …………..km
  • Land Value (as per mouza rate) : Per Decimal Tk………………….. Total Tk……………………
  • Location and distance of any other projects/Institution within 1.00 km.
  • Infrastracture:
  1. Transportation(in details) :
  2. Source of Electricity with cost in details.
  3. Source of Water with cost:
  4. Source of Gas with cost:
  5. Renewable Energy (if any) :
  •  Technology (Description including availability and risk of the technology) :
  • Civil works-
  1. Layout plan of civil construction:
  2. Type of building and specifications of construction, covered area estimated cost and if development of land is required, the cost thereof :
  • Plant and machinery (Quotation of Proforma Invoice of machinery to be enclosed) :
  1. Imported Machinery : (in BDT)
Name and Specification of MachineriesCFR (Cost & Freight)Duty and TaxesOther CostsTotal CostCountry of OriginRemarks
       
  • Local Machinery :(in BDT)
Name and Specification of MachineriesValueOther CostsTotal CostRemarks
  • Erection and Installation:
  • Safety provision:
  • Waste disposal and treatment:


  • Furniture and Fixture :
Name and Specification of FurnitureValueOther CostsTotal CostRemarks
  • Office Equipment :
Name and Specification of EquipmentValueOther CostsTotal CostRemarks
  • Transportation (in details):
    • Production flow chart :
    • Products/Services:
Name of the Products/ ServicesUnitValue per UnitAnnual Production at Rated CapacityCapacity Utilization
    1st Year2nd Year3rd Year4th Year5th Year
  • Raw and Packing Materials :
  1. Imported :
Name of Raw/Packing MaterialUnitCFR (Cost & Freight)Duty and TaxesOther CostsTotal CostRemarks
       
  • Local :
Name of Raw/Packing MaterialUnitValueOther CostsTotal CostRemarks
      
  • Manpower :
  • Managerial and Technical:
  • Administrative and Sales:
  • Labour :

Skilled –

Semi-skilled-

Unskilled-

(With number and salary/wages)

  • Implementation Schedule :
  • Marketing Aspects:
    • Products / Services:
    • Usages of the Products / Services (in details):
    • User of the Products (in details):
    • Target Market (in details):
    • Pricing:
    • Distribution Channel:
  • Financial Aspects:
    • Assumption for financial analysis:
    • Cost of the project and means of finance (with details of every element):
COST OF THE PROJECT AND MEANS OF FINANCE
Cost of the ProjectTaka in thousand
Particulars
Total Cost

Land,  Land Development  & Registration 
Building & Civil Works Cost 
Local Plant and Machineries 
Erection & Installation 
Furniture & Fixture 
Office Equipment 
Vehicles 
Preliminary Expenses 
Security Deposit for Power & Gas 
Contingencies 
Other Item (if any) 
Total Fixed Cost 
  
Net Working Capital 
  
Total Project Cost 
  
Means of FinanceTaka in thousand
Sponsor’s Equity (Paid-up Capital)  (51%) 
ESF Loan (49%) 
Total Means of Finance 
  • Estimate of working capital:
    • Sales estimate (in details):
    • Cost of service/goods sold:
  • Raw and packing material cost
  • Labour Cost:
  • Overhead Cost (power, fuel, water, maintenance, depreciation etc.)
    • General, administrative and selling expenses:
    • Cash-flow statement:
    • Projected income statement:
    • Projected balance sheet:
    • Pay-back period:
    • Internal rate of return:
    • Break-even analysis:
    • Debt-service coverage ratio:
    • Ratio analysis:
    • Sensitivity analysis:
  • Economic aspects: 
  • No. of jobs created :
 MaleFemaleTotal
Full Time   
Part time   
  • Earning in foreign exchange or foreign exchange savings (if any):
  • Impact on Environment (in details):
  • Other relevant Information:

We do hereby solemnly declare and affirm that the statement and information furnished in this application and the forms enclosed herewith are correct and true. None of the Entrepreneurs/ Directors/Sponsors/Shareholders of this project as mentioned in the application are included as an Entrepreneur/Director/Sponsor/Shareholder of any other project of Agro/IT sanctioned under EEF/ ESF. If the information furnished above is proven false/untrue, we will be compelled to abide by any decision taken by the concerned authority. We do also agree to furnish you any further information as may be required by you.

Sl.no.NameDesignationSignature
1.   
2.   
3.   
4.   

Date : ……………………

Note : Please use additional sheets/papers (if necessary).

The following documents/papers/information are required for processing the proposal:

  1. Certified copy of the Memorandum and Articles of Association, Certificate of Incorporation (Certified by Chairman/Managing Director/Director/Secretary to the Company);
  2. Board Resolution for availing the ESF facility;
  3. NOC from the Office of Director General of Environment/UNO and other relevant Offices;
  4. Bio-Data with Photograph of the Promoters (sponsors)/Directors as in Form-1;
  5. Personal net worth statement as inForm-2(must be supported by IT-10B);
  6. A specimen of the letter to be addressed to the applicant’s Banker(s) as inForm-3;
  7. Projects viability tests  (To be filled by Bank/Financial  Institution) as in Form-4;
  8. e-TIN of all the Director/Sponsor, sister concern and the Company (if any);
  9. Bank Account Number of all Director and company;
  10. National ID Card (Photocopy);
  11. Up to date CIB Report;
  12. Copies of relevant document, like foreign collaboration, L/C opened for imported machinery etc. as the case may be;
  13. Photocopies of approval letter from Bangladesh Investment Development Authority (BIDA) as the case may be;

FORM-1

Form-1(a)

Name of the company :

BIO-DATA OF THE SPONSORS/DIRECTORS

(Please use separate sheet(s) for each Sponsor/Director)

  1. Name               :
  2. Father’s name :
  3. Mother’s name :
  4. Spouse name:
  5. Nationality :
  6. Date of birth:
  7. NID/Passport no:
  8. e-TIN no:
  9. Present address :
  10. Phone number:         

Land phone:                           Cell phone:

  1. Email address:
  2. Permanent address:
  3. Home district :
  4. Educational qualification :

(Attested photocopy)

  1. Technical or any other qualifications (Please specify) :
  2. Industrial/Business/other experience (in details) : (Name and nature of business/industry, its location/address, main products and detailed experience, i.e nature of job, duration with dates, etc. are to be specifically mentioned) :
  3. Are you associated with any projects financed by Bank/Financial Institution?  If so, please state the name of the company and extent of your shareholding :
  4. Any other information :

DECLARATION

I do hereby declare that-

  1. I am a bonafide national of Bangladesh;
  • I am not a minor;
  • I am not serving in any Government/ Semi Government/ Autonomous Body; and
  • The particulars furnished above are true and correct.

___________________________

Signature of the Sponsor/Director

Date : ……………………………

Form-1(b)

Family Member’s information of Company Director/Shareholder

  1. Director/Shareholder’s Name       :
  2. Father’s name :

3.   Mother’s name :

  • Spouse name:

Information of Children:
(Fill each of the following information separately for more than one)

Name:

Relation with Director/Shareholder:

Date of Birth:

NID number/ Passport number :

Birth registration certificate number(if any):

Information of Siblings:      

(Fill each of the following information separately for more than one)

Name:

Relation with Director/Shareholder:

Date of Birth:

NID number/Passport number:

Birth registration certificate number(if any):

Information of Dependable person:

(Fill each of the following information separately for more than one)

Name:

Relation with Director/Shareholder:

Date of Birth:

NID number/ Passport number:

Birth registration certificate number(if any):

FORM-2

Form-2(a)

PERSONAL NET WORTH STATEMENT (e-TIN :________________)

  1. Name               :
  2. Father’s name :
  3. Mothers name :
  4. Spouse name   :
  5. Address           :

NETWORTH STATEMENT AS ON :…………………………………..

LIABILITIESASSETS
Loan from Banks/Financial Institutions     (Schedule-A)   Secured Tk………………………………… Unsecured Tk…………………………..….. Other Creditors Tk…………………….…… Unpaid Taxes Tk……………………..….…               Other liabilities :     (Details attached) Tk……………………….       CASH   In hand Tk…………………….….        With other Banks Tk……………..     INVESTMENT Government Securities Tk……………….   Shares, Debenture, Bonds, etc.Tk………. Debtors Tk……………………………….   Real Estate (encumbered) (Schedule-B)Tk…………..…………….     Real Estate (unencumbered) (Schedule-C)Tk………………………….   Cash surrender  value for Life Policy Tk……………………………   Others (Details attached) Tk………….….  
Total Tk………………………………..Total Tk………………………..…………….

NETWORTH (Total Asset – Total Liabilities) Tk …………………………………

Form-2(b)

Name of the Entrepreneur/Sponsor:

                                                                                                           Schedule -A

LIABILITIES TO BANKS / FINANCIAL INSTITUTIONS:

Name  & address of the Bank /Financial Institution.Date of availing of the LoanLimit with validityPresent outstandingSecured or unsecured with nature of security
     

Schedule-B

REAL ESTATES (ENCUMBERED)

Location and tenure of Market price ownershipArea of landDescription and schedule of the Property and type of buildingMortgage and mortgage amountMarket Price
LandBuildingTotal

Schedule-C

 REAL ESTATES (UNENCUMBERED)

Location and tenure of ownershipArea of landDescription and schedule of the Property and type of buildingMarket Price
LandBuildingTotal

Note :  Please use additional sheets/papers (if necessary) .

Form-2(c)

DECLARATION

(a) I do hereby declare that I have/do not have liabilities to any Bank/Financial Institution other than above named Banks/Financial Institution in my name or in the name of any company/concern in which I hold interest;

(b) I do hereby declare that the above mentioned assets are owned by me ; and

(c) I do hereby also declare that my Income Tax Identification Number (TIN) is

……………………………………… and Income Tax Liability is clear up to the  assessment year …………………………………(Certified copy of IT-10B is enclosed).

The undersigned certifies that the information furnished herein is true and correct

Signature of the Sponsor/Director

Name: (with seal)

Date: ………………………..

Note:  Please use additional sheets/papers (if necessary) .

FORM-3

SPECIMEN LETTER TO BE USED FOR AUTHORIZATION OF THE BANKER

(To divulge confidential information)

Date : ………………………

The Manager,

………………………………Branch

………………………………Bank.

Dear Sir,

Account No.____________________________

I /We have applied for loan to the Bank/Financial Institution/ESF under ESF scheme.

In this connection, I/we do hereby authorize you to furnish them any information as per their requirement regarding the maintenance of the account(s) and loan facilities that have been extended to me/us maintained through your Bank/Financial Institution.

……………………………..

Signature of Account holder

……………………………

Signature of the bearer

……………………………..

Signature of Account holder

Copy to the Bank/Financial Institution/ESF

FORM-4

Project’s Viability Tests

(To be filled by Bank/Financial Institution)

  1. The highest importance shall be accorded to the appraisal of the sponsors/entrepreneurs, which shall include inter alia-
  1. their educational qualifications in the relevant discipline;
  2. their knowledge in the technology / process involved;
  3. their skill in marketing of the products/services in question;
  4. their proven track record in implementing and operating any project;
  5. their track record in financial conduct;
  6. their track record of relationship with any Bank/ Financial Institution.
  • the project shall be technically sound and technologically appreciate in Bangladesh and environment friendly;
  • the project shall be financially feasible and offer an Internal Rate of Return of not less than 15 % (fifteen percent);
  • the project shall generally generate a minimum of 15% (fifteen percent) per annum after tax  return on its paid-up capital from the 3rd year of operation.
  • where the project is also financed by loan(s) other than ESF, its projected debt service coverage ratio should be 2:1 and its current ratio not below1.5:1;
  • in the case of the project at mentioned above, the sponsors stakes therein i,e. their equity contribution thereto may vary corresponding to-
  1. the degree of risk inherent in the project ; and
  2. the known debt-equity ratios for the successful units in the same sector ; and
  • Any other relevant aspects of the project such as SWOT (strengths, weaknesses, opportunities and threats) analysis, sensitivity analysis etc.

Note:  Please use additional sheets/papers (if necessary) .

Leave a Reply