CHF
EUR
GBP
USDExport financing with risk insurance
Objective
- Purchase of raw materials (imported and local made) to be used for production of export goods
- purchase of export goods.
Loan amount
Under negotiation, depends on the company needs.
Repayment period
Up to 36 months
Under negotiation, depends on the company needs.
Repayment period
Up to 36 months
Servicing
According to the type of loan
- Monthly principal and interest installments. Grace period up to 3 months.
- In terms of credit ceiling reduction for the last months of the loan repayment schedule.
Annual interest rate
Basic interest rate + margin as negotiated
Preferential interest rates for customers that have paid on time at least one loan granted by the Bank
Basic interest rate + margin as negotiated
Preferential interest rates for customers that have paid on time at least one loan granted by the Bank
Specific application documents
- (Draft) Export contracts
- (Draft) contracts for commodity purchase
- Documentary confirmation for two successful export deals: commercial treaty, customs declaration, payment documents, transport documents, concluded insurances, etc.
Collateral
- Insurance policy issued by „BAEZ” EAD, covering relevant commercial and/or non-commercial risk.
- Company’s assets or third liable parties, which market evaluation is to be established by a certified assessor approved by the Bank.
Fees and commissions
As fixed in Terms and Conditions of INTERNATIONAL ASSET BANK AD
As fixed in Terms and Conditions of INTERNATIONAL ASSET BANK AD
Additional terms
- Bank service of business operations under company accounts opened with INTERNATIONAL ASSET BANK AD
- Business history more than 12 months
- Loan amount and specific conditions are to be defined upon company business plan.
- Collateral insurance in favor of the Bank for the loan period.
- Option for advance loan repayment without penalty fee
Additional services
- Opening of company employees’ card accounts for direct payroll transfer
- Option for extending overdrafts on card accounts
Option for deposit accounts enabling flexible operation of the resources