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

8Jan/09335

Import Trade Financing With Trust Receipt Facility

Program Title: Import Trade Financing With Trust Receipt Facility
Program Objective: To provide Credit Facility for opening of Import Letter of Credit (ILC) and Documents Against Acceptance/Documents Against Payment

Eligible Borrowers:

  • Importers of various industry sectors, whether single proprietorship, partnership or corporation


Loan Purpose:   For importation of raw materials

Terms/Requirements:

  • Amount:   Depending on actual requirement
  • Interest Rate:   Prevailing trade rate Maturity / Repayment: Short term
  • Security:
    • 20% Marginal Deposit
    • Continuing Suretyship of Principal Owners Post dated checks (PDCs)

Program Partner/Conduit:   Philippine Export-Import Credit Agency (PHILEXIM)

Contact Details:

Luellia E. Cayas - Business Manager
Phone: 878.0200
e-mail:   lecayas@exportbank.com.ph

Katrina B. Sanvictores - Commercial Banking Head
Phone: 878.0211   Fax:  878.0249
e-mail: kbsanvictores@exportbank.com.ph

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