Domestic Trade Financing
Program Title: Domestic Trade Financing
Program Objective: To provide working capital for Local Trade Transactions.
Eligible Borrowers:
- Manufacturers (direct/indirect), Traders, Distributors of various industry sectors (furniture, gift, toys, housewares, Christmas decors, garments, fine jewelries, and food among others) whether single proprietorship, partnership or corporation
Loan Purposes:
- Working capital requirement
- Inventory financing
Terms/Requirements:
- Amount: Up to 70% of Domestic Letter of Credit (L/C), Purchase Order (PO), Sales Confirmation (SC), Pro Forma Invoice (PI), Placement Memorandum (PM)
- Interest Rate: Prevailing commercial rate at the time of booking
- Maturity / Repayment: LC expiry date/15 days after shipment date for PO, SC, PI, PM
- Security:
- Real Estate Mortgage (REM), Chattel Mortgage (CHM)
- Guarantee Cover thru Small Business Corporation
- Continuing Suretyship of Principal Owners
- Post dated checks (PDCs)
Program Partner/Conduit: Small Business Corporation
Contact Details:
Luellia E. Cayas – Business Manager
Phone: 878.0200
e-rnail: lecayas@exportbank.com.ph
Katrina B. Sanvictores – Commercial Banking Head
phone: 878.0211 Fax: 878.0249
e-mail: kbsanvictores@exportbank.com.ph
Aug 24th, 2009 at 12:16 pm
Dear Sir/Madam,
We are a company that are engage in retailing & financing of Motorcycle/Appliances/Computers/Laptops. We just hope that someday we can serve some of your requirements that could benefit both of our company. Thank you & more power!
You may contact us at:
Tel# (02)365-2701 or (02)794-4188
Kservico Trade, Inc. (Kalookan Branch)