My Life
Submitted by: Submitted by kalapan
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Category: English Composition
Date Submitted: 09/20/2016 09:19 AM
BANK LOAN PRODUCTS
* Commercial Loans and FCDU Loans
* Small and Medium Enterprise (SME) Programs
* Local Gov’t Unit (LGU) Programs
* Special Financing Program
COMMERCIAL LOANS
1. Discounting line against post-dated checks
2. Domestic bill purchase line
3. Domestic standby LC line
4. Export bills purchase line
5. Export packing credit line
6. Foreign bills purchase line
7. Foreign standby LC line
8. Import or domestic LC or TR line
9. Loan against hold out deposits
10. Trade referral facility
11. Term loan
3 GENERAL TYPE OF LOAN
* Short-term Loan- loan with maturity of 1 to 2 years
* Medium term Loan- loan maturity of 3-5 years
* Long term Loan- loan maturity more than 5 years
A credit arrangement where a bank discounts the post-dated check of the client to give ready access to funds for business operation.
A credit arrangement where a bank discounts the post-dated check of the client to give ready access to funds for business operation.
1. DISCOUNTING LINE AGAINST POST-DATED CHECKS
A revolving credit where the bank purchases client’s checks for immediate credit to client’s account w/out waiting for clearing period. Only checks payable to client are eligible.
A revolving credit where the bank purchases client’s checks for immediate credit to client’s account w/out waiting for clearing period. Only checks payable to client are eligible.
2. DOMESTIC BILLS PURCHASE LINE (DBPL)
A credit line w/c guarantees borrower’s purchases from local suppliers.
A credit line w/c guarantees borrower’s purchases from local suppliers.
3. DOMESTIC STANDBY LETTER OF (LC) LINE
4. EXPORT BILLS PURCHASE LINE (EBPL)
Post- shipment financing facility where the bank purchase exporter’s exports documents in exchange for cash.
Post- shipment financing facility where the bank purchase exporter’s exports documents in exchange for cash.
Pre-shipment working capital extended to an exporter....
