Capital Expenditure Loans

Qualified Applicants:
Officially registered corporations or individuals.

Period:
For real estate: maximum of 15 years; but should not exceed the maximum durability period.

For personal property: maximum of 7 years; but should not exceed the maximum durability period.

Interest Rate:
As stipulated by the Bank.

Collateral:
The applicant should provide collateral accepted by the Bank.

Guarantor:
Provide according to the Bank’s stipulation.

Purpose:
Provide capital required to purchase, construct, renovate, expand or improve the fixed assets or invest in large development project.

Method of Repayment:
Within the grace period, only monthly repayment of interest is required.  After the grace period, the borrower should repay the principal by monthly installment, plus monthly repayment of interest.  Or amortize the principal and interest evenly each month.