Quanlified Applicants:
Small and medium sized enterprises confirmed by the government regulation or guaranteed by Trust Guarantee Fund.
Purpose:
Provide working capital or capital expenditure for the replacement of machines, equipments, land, factories and buildings.
Interest Rate:
The interest rate is calculated by adding a certain amount to the random interest rate of two-year time savings deposits (ordinary type) of the Bank.
Period:
1. For short-term working capital financing: maximum one year.
2. For mid-term working capital financing: maximum five years.
3. For capital expenditure financing: maximum fifteen years for real estate; maximum five years for personal property.
Collateral:
Except loans secured by bills and notes, L/C, or project contracts, the applicants should provide the Bank the complete collateral of the loan, or guarantee by Trust Guarantee Fund.