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| Loans & Lines of Credit
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| If you are a large corporation, medium-sized company or small business enterprise, our Corporate Banking Relationship Managers can package a loan which will address the following needs:
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| Financing for your expansion and investments, such as:
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| Purchase/construction/renovation of a commercial or industrial property
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| Acquisition of a fixed asset such as new or upgraded equipment and machinery to improve production capacity
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| Bridging the gaps in your working capital requirements for :
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| Receivables
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| Local or imported raw material inventory
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| Financing your importations
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| Financing your export production
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| Financing your new projects
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| Refinancing of existing loans
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| Purchase of Domestic checks , foreign drafts and export bills
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| Depending on your requirements as well as our evaluation of your business , the loan can vary as to type of facility(straight loan or credit line), denomination (local or foreign currency), security (clean or secured), term (short or long-term) and interest repricing (fixed or floating rate).
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| We accept the following collateral for our loans:
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| Peso and foreign currency deposits
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| Government securities
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| Real Estate(vacant lot or with improvements)
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| Acceptable shares of stocks
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| Standby Letter of Credit issued by a domestic or foreign bank
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| Assignment of export letter of credit/Purchase Order/Sales Contract
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| We also grant clean loans based on our assessment of factors like the company’s financials, transaction risk and the industry it is in.
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| Click on the links if you want to know more.
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| STRAIGHT LOAN
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| Short Term Loan (STL)
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| Term Loan (TL)
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| CREDIT LINES
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| Trade Credit Facilities
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| Other Credit Facilities
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| STRAIGHT LOAN
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| If you need a specific amount of funds which you expect to pay within a prescribed time period, we offer straight loans which may be short-term(payable within 365days) or long-term (more than 365 days).
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| Short Term Loan (STL)
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| An STL is granted for a specific requirement which you can pay within a prescribed time period. Our STLs have a term of less than 365 days.
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| Term Loan (TL)
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| If you need funds to construct a building or plant, purchase additional property or equipment or invest in a new product line, we offer term loans at competitive rates, with floating or fixed interest rates. The loan is payable either through monthly, quarterly or semi-annual installments.
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| For long- term funding requirements, our BPI Capital can syndicate the loan for you.
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| CREDIT LINES
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| For recurring working capital requirements, we offer credit lines for a variety of purpose. The lines mature in one year and are renewed annually. Loan availments are done through 360-day promissory notes(PNs)
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| Trade Credit Facilities
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| | Export Advance Line (EAL)
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| | These are loans intended to finance production of goods for export. Availments are generally covered by an assignment of export letters of credit and/or purchase orders and such advances are paid out of the proceeds of export shipments negotiated through the Bank.
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| | Import Letter of Credit/Trust Receipt (LC/TR)Line
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| | If you are an importer in need of working capital , the Bank can give you an Import LC/TR line. Interest rate is floating and reviewable every 90 days. Principal and interest are payable upon Import Bill/ Trust Receipt maturity.
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| | Export Bills Purchased Line(EBPL)
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| | If you are an exporter in need of working capital , the Bank can also purchase your export documents so you can get credited for the export proceeds without waiting for your buyer’s payment.
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| | "For other trade-related products and services, please open link on Global Transaction Services".
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| Other Credit Facilities
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| | Revolving Promissory Note Line(RPNL)
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| | The RPNL is a standby facility for your short-term working capital requirements. Drawdowns against the line have a term of up to one year and are payable upon maturity of the Promissory Note. Interest is charged only on amounts drawn against the line.
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| | Bills Purchased Line (BPL)
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| | | Domestic Bills Purchased Line
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| | | The Bank can purchase your domestic checks (local/regional/clearing) anytime if you have an approved Domestic BPL . Maximum term of the line is 1 year.
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| | | Foreign Bills Purchased Line
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| | | The Bank can purchase your foreign drafts and export bills anytime if you have an approved Foreign BPL. Maximum term of line is 1 year.
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| | Sugar Quedan Financing Line(SQFL)
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| | If you are a sugar trader in need of working capital financing, the Bank can give you a SQFL via short-term Promissory Notes supported by a pledge of quedan.warehouse receipts and/or real estate mortgage. Maximum term is 360 days.
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| | Guaranty Line
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| | A guaranty line will accommodate the financing requirements of your employees , such as auto and housing loans, through our subsidiary, BPI Family Savings Bank, or enable you to provide them with corporate credit cards through our Credit Card Dept.
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| Interested? Let us know how we can tell you more by sending us an email.
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