Program Title: Domestic Trade Financing
Program Objective: To provide working capital for local trade transactions.
Eligible Borrowers:
– Manufacturers, traders of various industry sectors
Loan Purpose: working capital
Terms/Requirements:
Loan Amount: Up to 80% of Domestic Letter of Credit (DLC), confirmed Purchase Order (PO) or Sales Confirmation (SC), subject to the Bank’s credit risk rating.
Interest Rate: Prevailing bank interest rate payable and subject to
review every thirty days
Maturity: LC expiry date/15 days after shipment date of PO, SC
Security:
– Real Estate Mortgage (REM)
Support:
– Continuing Suretyship of Principal Owners
– Post dated checks (PDCs)
Contact Details:
EXPORT AND INDUSTRY BANK
Export Bank Plaza, Export Bank Drive corner Chino Roces Avenue Makati City
Andres F. Ibarra
Unit Head
Corporate Banking Group
Phone: 878.0201
E-mail: afibarra@exportbank.com.ph
Related posts:
List of Microfinance Institutions that Provide Financial Support 
A Guide to Using Business Credit Cards 
What is the most popular debt consolidation loan option for poor credit? 
How to Invest in the Philippine Stock Market 
SSS Housing Loan for OFWs 
Samsung launches Smart TV Trade-In initiative in Singapore