Guide on RCBC Corporate Loans Your Export Financing Business May Apply For
RCBC CORPORATE LOANS – You can check the full list of the loans offered by Rizal Commercial Banking Corp. for export financing businesses.
A business is a challenging to manage. Most of the time, businessmen have to look for resources to obtain additional capital — for business expansion, to boost the operation, to purchase new equipment, etc. In some cases, business owners turn to loans.
Banks are among the entities in the Philippines that offer business loans. One of the lenders is the Rizal Commercial Banking Corporation, more popularly called RCBC, which has multiple loan offers.
For a multi-purpose loan that will not be used for business purposes, there is an RCBC Salary Cash Loan offer. For the financing of a residential property, you may apply for an RCBC Home Loan provided that you submit the requirements set by the bank.
There is also the RCBC Car Loan that finances the purchase of a brand new car and a pre-owned vehicle. With regards to the RCBC Corporate Loans or the business loan offers, among those that are part of the coverage are export financing businesses.
Business Loans for Export Financing
EXPORT ADVANCE LOAN / LINE
Acquire a credit facility that offers financing to facilitate the production of your export goods, effectively aiding you in meeting your pre-export requirements as approved.
EXPORT BILLS PURCHASED LINE
Obtain a credit facility that purchases your drafts or bills of exchange, issued under a letter of credit from foreign banks. This facility assists exporters, like yourself, in obtaining early payment collections from export transactions, thereby strengthening your financial stability.
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. The RCBC has several other loans which you can check in a much-specific featuring.