Order Finance Loans

Terms

  • Up-to 90 days
  • Interest rate 20% p.m

Product Summary

  • For both individuals and SMEs with confirmed orders for reputable customers with capacity to pay.
  • Loan tenure is determined by the terms and conditions of the order.
  • Maximum loan $500,000

Requirements

  • Business proposal
  • Confirmed order(s)
  • Letter of undertaking by the buyer/ issuer of the order
  • Quotations from the supplier(s)
  • Collateral security
  • Supporting 6 months banking statements