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What is a packaged loan?
packing credit

1. Packaging loan is a special loan provided by our bank to exporters who have received qualified letters of credit for purchasing, producing and shipping goods under letters of credit to support export enterprises to fulfill their obligations under foreign trade contracts on time. Generally, RMB is issued, but foreign currency can also be issued according to customers' needs.

2. Product advantages:

(1) can relieve your fear of insufficient funds before stocking;

(2) enable you to do big business with small capital.

3. Applicable object: commodity export enterprises under the letter of credit.

4. Application conditions:

(1) Enterprises have the right to import and export by themselves;

(2) Have a real trade background (trade contract);

(3) The L/C is true and the terms are reasonable, and our bank is the negotiating bank;

(4) The Bank has sufficient loan package.

5, the required information:

(1) Package loan application;

(2) The original letter of credit and all amendments (if any);

(3) the original export contract, we will keep a copy after verification;

(4) Original internal procurement contract, and a copy will be kept by our bank after verification;

(5) loan receipt.

6. Business process:

(1) You have received a foreign certificate;

(2) You submit this certificate to our bank to apply for a packaged loan;

(3) We agree to provide loans for your preparation and shipment;

(4) For export goods, you should submit documents to our agent for negotiation;

(5) You will return the recovered money to our financing institution.