Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

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