EXPORT RECEIVABLE FINANCING

Product Description: Export receivable financing is a loan to support working capital needs for exporters.

Target customers: Corporate customers.

Conditions:

• Having functions of production, manufacturing, processing export goods.
• Having valid and qualified industry standard certificate (if required).

Characteristics:

• Loan term: Maximum 60 days. 
• Loan currency: VND, foreign currency.
• Loan amount: Up to 100% of receivable value.
• Interest rate: by Kienlongbank's regulations from time to time.
• Debt collection method: Principal and interest to be paid at term end.
• Fees: See fee schedule.

Utilities:

• High lending rate/value of foreign trade contract.
• Simple procedure, fast processing time.
• Customers can also use other products: Guarantee, discount, factoring, international payment, foreign currency exchange,...