Beneficiaries |
- Creditworthy companies with at least 1 year of experience producing or exporting the product or other similar product, or those that have a history of at least 1 transaction with the current buyer
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Eligible Transaction |
- Export transactions based on irrevocable L/Cs issued or confirmed by foreign banks in countries above a certain credit score assigned by the Bank, or non-L/C based export transactions (including intermediary trade) backed by payment guarantees of foreign banks
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Currency |
|
Eligible Amount |
- US$10,000 to US$50,000,000
|
Repayment Term |
- At least 30 days, less than 2 years
|
Discount Rate |
- Up to 1 year : LIBOR + spread
- Up to 2 year : SWAP RATE + spread
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Security |
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