LogiServe Private Limited, a wholly owned subsidiary of Secure Logistics Trax Group Limited, has officially executed a comprehensive Lending Facility Agreement with Mobilink Microfinance Bank Limited. This strategic alliance is designed to establish a highly structured digital lending framework specifically tailored for commercial merchants operating within the broader e-commerce and logistics ecosystem of Secure Logistics Trax Group. The formal signing ceremony for this corporate partnership was completed in Islamabad, setting the stage for LogiServe to operate in its capacity as a licensed Non-Banking Finance Company under the newly established operational agreement.
Through this collaborative arrangement, registered merchants can now seamlessly access critical working capital financing reaching up to two hundred and fifty thousand rupees. The deployment of these financial resources, along with their subsequent recovery schedules, will be systematically managed in strict alignment with the pre-existing loan cycle protocols of LogiServe and the prevailing regulatory compliance frameworks governing local Non-Banking Finance Companies. This landmark agreement drastically multiplies the available lending capital of the enterprise, with several additional financial facilities reportedly in the pipeline to maintain a strong trajectory of credit expansion for small business operators.
Beyond direct access to liquid capital, the participating merchants will become eligible for an expansive suite of value-added corporate benefits and corporate welfare perks. This ecosystem extension includes exclusive promotional deals distributed across a network of more than ten thousand partner vendors, alongside completely free access to online outpatient department medical consultations. Furthermore, the comprehensive support package incorporates dedicated healthcare hospitalization coverage of up to two hundred thousand rupees valid across more than three hundred paneled medical facilities nationwide.
The risk management framework embedded in the agreement provides robust protection layers against severe operational disruptions. Merchants will receive substantial financial coverage for accidental demise, permanent physical disability, and the sudden loss of business premises. Each of these specific insurance categories guarantees protection up to the total value of the outstanding loan balance or up to one million rupees, depending on whichever amount is lower at the time of the incident. Dedicated support structures have also been integrated for female entrepreneurs, including specialized family income protection and comprehensive maternity healthcare benefits to promote gender-inclusive financial growth. This strategic partnership is projected to accelerate the growth of the company’s core e-commerce and digital credit business units, with the parent group promising further operational updates to the Pakistan Stock Exchange as the implementation phase advances.
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