Can I take out a short-term loan whose pay-back period is less than 1 year? A foreign invested enterprise (FIE) can use a short-term loan only where the company satisfies the conditions and please inform KEB of the short-term loan: i) If the foreign invested company is engaged in manufacturing business, short-term loan can be taken out within 50 percent of the amount invested. ii) Company with advanced technology currently receiving tax incentive is permitted to borrow (from parent company or third party) up to 100% of the invested amount from overseas (* In this case, if the invested amount from overseas is less than 1/3 of the total capital, the loan amount shall be restricted within 75% of the invested amount. )