Business Term Loans
International Business Financing
We settle import fund with the loan in foreign currency and the won automatically.
Although you are not an exporter, you can get this loan.
We also provides exchange risk hedge facility in case of being financed in foreign currency.
The financing will be offered in won at your request.
This product will completely meet your import financing needs.
Features
Foreign Currency Loans & Won Loans for settling sight L/C for ordinary goods , D/P and remittance-type imports.
Eligibility
Companies not belong to a group of debt-ridden affiliates of the 30 largest companies in Korea.
Term
within rational repayment period after L/C settlement
Loan Limit
Within the fund required to settle import transactions with a minimum loan amount of USD 10,000 or 10 million won.
Loan Rate
Interest rates will vary depending on term and borrower's credit ratings.
Foreign Currency Loan : Basic rate for short term Foreign Currency Loan + Additional rates
Loan in Won : CD distribution yield rate + Additional Rates