Service Features

• Helps companies obtain the funds required to grow their business.
• Offered in broad varieties to satisfy a company's needs, be it regular or / and cyclical liquidity needs.
• An aggregate credit limit can be designed to provide a multitude of financing solutions.

 Service Items

• Working Capital Loans

  These are short-term financing solutions which provide borrowers with the capital needed for short-term, urgent, or cyclical operations. The loan tenor is limited to one year.

• Overdraft

  A short-term credit arrangement where the bank allows the borrower to make excess withdrawals from its check deposit account for a certain timeframe and within a certain limit, when the account contains insufficient balance to honor check payments.

• Bill Discounts

  These are advances granted to the borrower against bills. The bank purchases from the borrower bills or promissory notes that are not yet matured and collects upfront interest by purchasing at a discount. These advances are made with recourse to the borrower.

• Check Discounts

  These are advances granted to the borrower, when the borrower presents checks (or bills and promissory notes of smaller values for which bill discounts are impractical) for payment before the printed issuance date. This allows the company to collect cash early and use it for subsequent productions, which ultimately increases its output.

• Deposit-backed Loan

  Customers who encounter liquidity needs before their time deposits mature may borrow using their time deposits as collateral. Interest is charged at a margin over the time deposit interest.