Supply Easy
Description
Supply Easy services are provided by Bank of China Limited Macau Branch. Supply Easy is a pre-approved credit line catering for the need of vendors of goods ∕ services for designated entities ∕ institutions, assist enterprises to complete orders, pay the wages etc. Which helps buyer and their suppliers ensure stability of goods and service supply and support their business expansion.
Features
1. Support load application by business order, freight bill, cooperation contract etc
2. Satisfy borrower’s diverse funding needs
Loan Currency
MOP∕HKD
Loan Limit
Maximum 15,000,000.
Setting of Credit Limit
According to the cooperation with buyers in the previous year, forecast of cooperation this year, and effective orders.
60% average of the sales revenue of bid amount/purchase amount and estimated purchase amount for the year to designated entities ∕ institutions.
Tenor
Up to 7 years
Eligible Customers
1. Legal entities of sole proprietorship or limited company registered in Macau SAR and in operation over 12 successive months.
2. Commercial entities with majority of business operation and major source of income in ∕ from Macau.
3. 50% (or more) of the sole proprietorship entity ∕ the limited company owned by Macau residents.
Application Documents
1. Declaration Form of Start ∕ Alternation of Activity of Industrial Contribution (M1), or Receipt of Industrial Contribution (M7 or M8), or valid Business Registration Certificate.
2. Copies of identification documents of owner(s) of Sole proprietorship entity or shareholders ∕ person in charge of limited company.
3. Bank statements (This is not required if customers have preferred BOC to be the major banker).
4. Proof of sales ∕ sales contracts to ∕ with designated entities ∕ institutions, such as invoices, supplier's contracts, purchase orders, etc. to be used as the major consideration for the setting of a credit limit.
Remarks:
1. Please contact our Relationship Managers to confirm the eligibility of the entities ∕ institutions for this product.
2. All application is subject to the final approval of the Bank. Other terms and conditions apply.