Import Financing (to be secured by imports lot by itself)
Should enterprises have the need for more capital for importing of raw materials, goods for business and want to use the imported lot as a collateral security, DongA Bank's Import financing to be secured by imports lot by itself is the right product.
1. Introduction Import financing to be secured by imports lot by itself is the short term
loan, meeting demand of adding more current capital source for
payment of imports and to be secured by imports lot by itself. Eligible customers Corporate is a direct importer or entrust importer, as well as
having demands of being mortgaged by that imports lot itself. 2. Benefits
- Financing for many terms of payment (such as L/C, D/P, D/A,
T/T)
- Diversified collaterals, details can be: steels, plastic
pallets, means of transportation , machines and equipments, paper, fertilizers,
foodstuff for cattle etc
- Policy of international non-payment and rate
of paying a security to open L/C are flexible.
- Corporate can improve their prestige in payment for foreign
partners via this service.
- Simple loan procedure, with fast documents handling
3. Eligible customers
Corporate is direct importer or entrust importer, having demand
to be mortgaged by the imports lot by itself.
4. Product features
- Currency: VND or foreign currency
- Loan period: Maximum 12 months
- Loan method: Time by time or according to credit limit
- Loan rate: According to regulations by Dongabank in each
period
- Collateral: imports lot by itself.
5. Conditions
- Having legal purpose of loan use
- Having sufficient financial capability, ensuring for
repayment in committed term.
- Having feasible and effective production and business plan
- Implementation of import professions via DongA Bank.
6. Documents
- Loan application form (according to form,
download form)
- Business plan
- Legal documents (Business registration certificate, corporate regulations
etc)
- Financial statement in 03 latest years (if any)
- Documents for proving of loan use purpose
- Copy of documents for collaterals
- Other documents as required by the bank.
7. Contacts:
For enquiries or further instructions, please contact:
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