1 / 12

LAND BANK OF THE PHILIPPINES

LAND BANK OF THE PHILIPPINES . SME & CORPORATE LENDING PROGRAMS. SME & CORPORATE LENDING PROGRAMS. ELIGIBLE BORROWERS. Sole Proprietorships Partnerships Corporations. SME & CORPORATE LENDING PROGRAMS. ELIGIBLE PROJECTS.

powa
Download Presentation

LAND BANK OF THE PHILIPPINES

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. LAND BANK OF THE PHILIPPINES

  2. SME & CORPORATE LENDING PROGRAMS

  3. SME & CORPORATE LENDING PROGRAMS ELIGIBLE BORROWERS • Sole Proprietorships • Partnerships • Corporations

  4. SME & CORPORATE LENDING PROGRAMS ELIGIBLE PROJECTS • Acquisition of fixed assets, working capital (WC), or permanent • WC for the Industry category • Manufacturing • Agri business and processing Service sectors and • Trading

  5. SME & CORPORATE LENDING PROGRAMS CREDIT FACILITIES A. Short Term Loans Short Term Loan Line (STLL) To finance or augment working capital requirements of borrowers Letter of Credit / For the importation or local acquisition Trust Receipt Line (LC/TR) of machinery or raw materials; facilitates the bank’s opening of LC in favor of beneficiary abroad or locally; TR facilitates the transfer of ownership of the goods to the bank which in turns holds the goods in trust; facilitates the release of goods to the borrower without the benefit of payment.

  6. SME & CORPORATE LENDING PROGRAMS CREDIT FACILITIES A. Short Term Loans Standby Letter of Credit (SLC) To guarantee payment of loans or performance of an agreed service over a certain period of time in case of failure of borrower to comply with the original terms of the contract. Omnibus Credit Line (OCL) A flexible line wherein more than one type of credit line can be availed of. Export Packing Credit Line (EPCL) A short-term facility extended to an exporter who is a beneficiary of a valid export LC/ confirmed PO; designed to assist exporters for their pre-shipment needs. Export Bills Purchase Line (EBPL) A post-export facility where the Bank purchases export documents of clients to give them ready access to cash.

  7. SME & CORPORATE LENDING PROGRAMS CREDIT FACILITIES B. Long Term Loans Term Loan (TL) To finance acquisition of fixed assets such as machinery or equipment construction of buildings/warehouses, etc.; Permanent Working To finance the initial operating cost of Capital projects.

  8. SME & CORPORATE LENDING PROGRAMS INTEREST RATES Short Term Loan Prime rate + minimum spread of 3% per annum Long Term Prime rate + minimum spread of 4% per annum TERM Short Term Loan Lumpsum upon maturity Long Term Maximum of five (5) years, inclusive of maximum two (2) year grace period

  9. SME & CORPORATE LENDING PROGRAMS COLLATERAL • Hold-out on Deposits • Real Estate Mortgage • Chattel Mortgage on machineries/equipment • Other collateral acceptable to the bank

  10. SME & CORPORATE LENDING PROGRAMS PRE-PROCESSING REQUIREMENTS Audited Financial Statements with Auditor’s Report for the past 3 years; Interim Financial Statement, if applicable; BIR-stamped Income Tax Returns for the past 3 years; DTI or SEC Registration Certificate; Mayor’s Permit (current year); Articles of Incorporation and By-Laws; Board Resolution to borrow designating signatories;

  11. SME & CORPORATE LENDING PROGRAMS PRE-PROCESSING REQUIREMENTS Secretary’s Certificate on incumbent officers & stockholders with corresponding subscribed and paid-up capital; Pictures of the project and collateral; Project Feasibility Study for start-up projects; and Copies of documents pertaining to collateral.

  12. For more details, please visit us – • 2nd Flr., LBP Bldg. Rizal St., Legazpi City • Or call 052-4806887/4806888 Thank You!

More Related