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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