UB Finance introduces Easy Draft

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

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

The unique features of the UB Finance 'Easy Draft' include speed of approval, flexible draw-down and repayment and low cost. A credit limit will be approved by UB Finance based on asset value which the client can draw-down at any time as and when there is a need for cash.

Repayment is flexible which will determine how much interest is paid. Customers could obtain an 'Easy Draft' facility from any of the UB Finance branches across the island.

UB Finance a subsidiary of Union Bank of Colombo PLC.