SLGTrax's LogiServe signs lending deal with Mobilink Microfinance Bank

July 01, 2026 (MLN): Secure Logistics Trax Group Limited's (PSX:SLGL) wholly owned subsidiary LogiServe (Private) Limited has executed a Lending Facility Agreement with Mobilink Microfinance Bank Limited ("MMBL") to establish a digital lending mechanism for merchants operating within SLGTrax's e-commerce and logistics ecosystem.

The signing ceremony was held on June 29, 2026 in Islamabad, with LogiServe operating as a Non-Banking Finance Company ("NBFC") under the agreement.

Under the arrangement, merchants will have access to working capital financing of up to Rs250,000, with disbursements and recoveries to be managed in line with LogiServe's existing loan cycle and NBFC regulatory framework.

The Company's lending capital has increased manifold as a result of the agreement, with further facilities stated to be in the pipeline to support continued lending growth.

In addition to financing access, merchants will be entitled to a range of value-added benefits, including exclusive deals across 10,000-plus partner vendors and  free online OPD consultations.

Furthermore,  hospitalization coverage of up to Rs200,000 across 300-plus panel hospitals, and protection against accidental death, permanent disability and loss of business premises, each covered up to the outstanding loan amount or Rs1 million, whichever is less.

Female merchants will receive additional support, including family income and maternity benefits.

The agreement is expected to support the continued growth of the Company's e-commerce and digital lending business lines, with SLGTrax stating it will provide further updates as the partnership progresses.

The aforementioned information was disseminated through a notification to Exchange.

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