What Is a Package Loan?

Packaged loans refer to special loans provided by exporting banks to exporters who have received qualified letters of credit in order to support exporters' performance of contracts and shipments on time for the purchase, production, and shipment of goods under letters of credit. Packing loans are short-term financing before shipment, so that exporters can still handle purchases, materials preparation and processing, and carry out trade smoothly even when their own funds are insufficient.

Package loan

Right!

Packaged loans refer to the qualifications received by the exporting bank to support the exporter's performance of the contract and delivery on time.

Packaged loans

(1) When disbursing loans, debit the subjects and "

1. Currency: RMB,

1. Expand trade opportunities. The company's own funds are scarce and cannot be obtained

Only companies with the right to operate export businesses can apply for package loans. in

1. The enterprise must have the right to operate the export business;

2,

1. A copy of the "Business Legal Person Business License" or "Business License" after annual inspection;

2. "Packaging Application";

3. The company's recent financial statements;

4.

1.Exporters are receiving

1. When applying for a package loan, the enterprise submits to the bank: a. Written application; b. Foreign sales contract and domestic purchase contract; c. Trade introduction;

The interest is calculated based on the actual number of days of the loan, and the various charges for the loan are agreed upon in the contract.