Guide on RCBC Corporate Loans Your Business May Apply For
RCBC CORPORATE LOANS – Here is a full list of the business loans offered by Rizal Commercial Banking Corporation (RCBC) for non-trade businesses.
There are countless businesses in the country. Some of these entities are successfully making money every month while there are also those that are staying afloat to survive.
For many successful businesses, the expansion of their operation or a boosted marketing strategy have taken part – and they needed money for it. Thus, some business owners already applied for a loan to manage their businesses even better.
In the country, one of the entities that you may turn to for business loans is Rizal Commercial Banking Corporation or more commonly called RCBC. It has loan offers that attend to specific business needs. Below, you can check these RCBC Corporate Loans that you may apply for.
NON-TRADE FACILITIES
CREDIT LINE
The RCBC offers a revolving credit line for short-term capital needs. You may borrow an amount up to the limit approved by the bank.
ACCOUNTS RECEIVABLE LINE
You may apply for a revolving credit facility that liquefies your account variables to RCBC.
BILLS PURCHASED LINE
You can obtain a credit line by purchasing local checks that are dated for the present time.
SECOND ENDORSED CHECK PURCHASE LINE
Secure a credit line that grants the ability to acquire checks payable to individuals or entities other than the borrower-presenter.
FLOOR STOCK FINANCING
Access a financing facility designed to support the acquisition of your floor inventory, considering factors such as its value, marketability, and eventual disposition through RCBC.
This particular credit facility is commonly extended to entities that are engaged in the business of motor vehicle or heavy equipment dealership.
For the other loans offered by RCBC, you may visit – RCBC LOANS: List of RCBC Loan Offers & the Requirements in Applying.