This scheme is designed to address the peculiar credit requests of contractors in need of funds to pre-finance their Local Purchase Orders (LPO). This loan facility is designed to provide short term financing to small and medium scale retail customers which would enable them execute business contracts for other reputable companies. We have a dedicated team ready to help our clients every step of the way.
Other benefits of include:
- Opportunity to ease working capital constraints
- Competitive pricing
- Guaranteed flexible terms of payment
- Access to readily available credit within clients own timing
- Prompt advisory service from a team of dedicated account managers
- Clients shall be updated on monthly loan repayment via CalBank Alert
- The tenor for the scheme is 120 days (four months)