Qualified Applicants:

Companies with one of the following documents:

1. Irrevocable domestic letter of credit issued by the Bank.
2. Order documents from government agencies, public utilities, or private companies validated by the Bank.

Period:

One-year contract. Each loan period should not exceed the payment period of the letter of credit or order document, with the maximum loan period of 180 days.

Interest Rate:

As stipulated by the Bank.

Collateral:

Exempted.

Guarantor:

Provide according to the Bank’s stipulation.

Purpose:

Provide working capital required for production and delivery of domestic sales.

Method of Repayment:

For loans financed by the domestic letter of credit issued by the Bank, the borrower should repay by either the discounted acceptance draft issued by the Bank or sales revenue; for loans financed by order documents, the borrower should repay by sales revenue.