Product

Working Capital Loan

Description

Working Capital Loan services are provided by Bank of China Macau Branch. Working Capital Loan is required by companies to satisfy fund requirement during the production process.

Features

Working Capital Loan is a highly efficient and practical loan. It is commonly used finance with short-term and revolving in nature. Application procedures are simple and finance cost is low.　

Loan Types

According to the loan tenor, it can be short-term of one year and medium-term of up to three years.

Loan can be on clean and secured basis. Securities can be mortgage, assets pledge or personal guarantee.

Working Capital Loan within the availability period is revolving in nature. That means it can be drawn, repaid and redrawn.

Interest Rate

According to applicable interest rate for this type of loan depending on the borrower’s net worth, borrowing amount, tenor and security provided to determine the final interest rate. 

Loan Tenor

Longest three years

Charges

Fees and charges according to contract

Target Customers

Sole proprietors/limited companies

Eligibility Criteria

1. Borrowers must meet our rating criteria with interim review

2. Loan purpose in compliance with bank policy

3. Healthy operating entities with qualified management. Good credit and financial position with punctual repayment records

4. Offer of acceptable guarantee, mortgage or assets pledge

5. Opening of basic operating account

6. Borrowing in compliance with our bank policy

Information Required

1.Completion of application form

2.Certificate of company representatives, power of attorney, board resolutions and memorandum of articles and association

3.Certificate of incorporation

4.Audited financial statements for the past three years

5.Other documents and certificates deem necessary by the bank

Application Procedures

1.Liaise with corporate banking and financial institutions department and submit loan application form with relevant information

2.Review and assessment of applicant’s information

3.Opening of settlement account and drawdown

For more information, please contact our Service Hotline 888 95566