9Jan/09331
Trade Fair Financing
Program Title: Trade Fair Financing
Program Objective: Short term loan to support participation in domestic/ local and foreign trade shows.
Eligible Borrowers:
- Exporters (direct/indirect) / Retailers of various industry sectors (furniture, gift, toys, housewares, Christmas decors, garments, fine jewelries, and food among others) whether single proprietorship, partnership or corporation
Loan Purpose: Trade show financing
Terms/Requirements:
- Amount
- Up to 60% of the cost of trade show/fair participation;
- Maximum of P200,000.00 for domestic show and P300,000.00 for international show.
- Interest Rate: Commercial rate at the time of booking
- Maturity / Repayment: Payable in six (6) and ten (10) months for domestic and international shows, respectively.
- Security:
- 20% Cash Margin on loan amount
- 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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