Clearing Loans This loan package is designed for SMEs who regularly import and require facility to support their clearing charges. The loan tenor is 3 months maximum. The facility is granted to clients with active accounts with the institution and the interest rate is 5.5% per month. Acceptable collateral etc.includes imported item, Guarantor, Credit Insurance, Post-dated cheques.
A loan facility designed for SMEs and importers who have need for short term facilities to clear imported goods.
• Loan for existing clients who is into importing business
• Loan tenure of 1-3 months
• Quick access to loan
• Flexible loan terms
• Free Business advisory services
• Banking services at your doorstep