Commercial Loans

Short Term Loans

(Denominated in both Peso and Dollar)


Description:

  • Credit line facility for working capital with a maximum tenor of one year.

Long-Term Loans

(Denominated in both Peso and Dollar)


Description:

  • Term loans for plant construction or expansion including purchase of other capital requirement. Tenor is usually 3 to 7 years.

Domestic Bills Purchase Line

Description:

  • Outright purchase of the client's checks upon deposit of these checks in the client's deposit account.

Foreign Bills Purchase Line

Description:

  • Outright purchase of the client's dollar-denominated or third-currency denominated drafts upon deposit of these drafts in the client's deposit account.

PDC Discounting Line

Description:

  • A credit facility wherein the clients receivables, in the form of post date checks, are discounted with a bank to obtain funds.