This revolving Industrial loan will provide access to continuous borrowing up to your approved loan limit and allow for repayment at your convenience within a revolving period.
Eligibility
Companies with their short term operating fund needs.
Term
1 year for company in the range of KEB's credit rating from 1 to 5 grades or whose security is assured by a credit guarantee or a payment guarantee.
6-12 months for companies with KEB's 5(-) or lower grade of credit ratings.
With a Contracted term ranging from 6 months to 1 year, the credit line can be renewed up to 10 years for every 6 months to 1 year on a yearly basis.
Loan Limit
A proper amount tailored in line with a borrower's business condition
Loan Rate
Basic rate linked to market interest rate + additional rate (Prime rate of loans in won applies to loan on credit when the loan on credit exceeds the amount that a sole proprietor can borrow on mortgage.)
Prime rate of loans in won and Basic rate linked to market interest rate is subject to change under market situation and KEB's loan policy.