Guide on RCBC Corporate Loans You May Apply For If You Have Import Business
RCBC CORPORATE LOANS – Here is a full list of loans offered by Rizal Commercial Banking Corporation for import businesses.
Many people were able to grow their money several times because of having successful businesses. However, truth be told that the bigger the business, the bigger capital it needs. If you want a boosted operation, you may need a lot of money for it to also make huge profits.
The good news is that there are entities that you can turn to for business loans. One of these is the Rizal Commercial Banking Corporation or popularly called RCBC. The bank also offers RCBC Salary Cash Loan, RCBC Home Loan, and RCBC Car Loan.
With regards to its business loan offers, among them are RCBC corporate loans that finance the business needs of import businesses. It has three (3) offers under the category and you can check on them below.
LETTER OF CREDIT LINE
Obtain a credit facility that provides a guarantee of payment from the buyer to the seller, supported by a written commitment from the bank.
TRUST RECEIPT LINE
Obtain a credit facility that offers financing for invoices of both imported and domestic goods through the use of a Letter of Credit. This facility assists importers and domestic buyers, like yourself, in obtaining inventory and managing payments once your stocks are sold.
SHIPPING GUARANTEE
RCBC possesses the ability to offer a guarantee to a shipping company, assuring the release of goods even in the absence of the original shipping document (bill of lading). This arrangement allows you to effortlessly secure your goods while absolving the carrier of any legal consequences.
To apply for any of the loan offers, simply visit a branch of RCBC nearest to you to obtain the application form and the specific list of requirements based on your business type.
