Packaging loan is a kind of short-term financing before shipment, which enables exporters to purchase, prepare materials and process even if their own funds are insufficient, and carry out trade smoothly.

1. The exporter applying for packaged loan shall be the beneficiary of the letter of credit;

2. Packaged loans usually do not exceed 80% of the amount of the letter of credit;

3. Each loan usually does not exceed 3 months;

4. To apply for a packaged loan, you need to submit a written application, a foreign sales contract, a domestic purchase contract, an original letter of credit, etc.

5. Need to sign a loan contract with the bank (packaged loan);

6. Lending by letter of credit, the advising bank is the financing bank, and the financing bank can negotiate and pay;

7. The letter of credit does not contain "soft terms" that the exporter cannot perform;

8. After applying for a packaged loan, the original letter of credit must be kept in the financing bank;

9. The exporter shall submit the documents to the bank in time after delivering the goods and obtaining the documents under the letter of credit.