http://www.pbcom.com.ph/index.php/business/uitf
Export Bills Purchase/Export Packing Credit
Secure the necessary capital to fund your working capital requirements
Features and Benefits
- Get the exporter's Letter of Credit purchased and advance payments to the buyer/exporter even prior to receiving payment from the buyer's bank using the Export Bills Purchase facility
- Avail of a pre-shipment financing facility, the Export Packing Credit, for exporters against an Export Letter of Credit with confirmed Purchase Order or Sales Contract
- Terms last for one year or less depending on your business’ cash cycle
- Enjoy flexible loan terms and interest rates
Eligibility
- SMEs and large corporations
Requirements
- SEC Registration and Articles of Incorporation/Partnerships and Amendments
- By-Laws of Corporation/Partnership
- DTI Certificate of Registration
- Company Profile
- GIS (General Information Sheet)
- ITR/FS for the past 3 years
- List of major customers and suppliers (with contact details)
