United Finance has introduced ‘URise’, a startup loan programme offered under Bangladesh Bank’s refinancing scheme, according to a press release.
The launch took place at the company’s head office, where United Finance said applications for the loan are being received digitally through its mobile app UMA to ensure a seamless and accessible process for new entrepreneurs.
Managing Director Mohammad Rafiqul Islam, Deputy Managing Director Mohammed Abul Ahasan and Head of SME and Women Entrepreneur Financing Sudip Saha spoke at the event.
“For 36 years, United Finance has stood beside marginalised communities,” said Mohammad Rafiqul Islam, adding that the company believes in the strength and creativity of young people. He said United Finance is pleased to offer Bangladesh Bank-supported startup loans at an affordable cost and aims to keep the process simple and fully digital to support the country’s growing startup ecosystem.
Startups can submit applications directly through the UMA mobile app, which is available on both the App Store and Google Play Store, the release said.
