MAYBANK BUSINESS BANKING LOANS

DOMESTIC BILLS PURCHASE LINE

Availing of the Domestic Bills Purchase line will let you replenish your day-to-day working capital requirement via the outright purchase of your customer’s local checks. Maybank will not require any collateral for this facility.  Validity of the loan is until 1 year from date of approval.

If you are a single proprietor, part of a partnership, or a corporate, then you can apply for a Domestic Bills Purchase line.

Requirements

1. Company Profile (kindly include product line)
2. Business Papers: Articles of Incorporation with By-Laws, Latest GIS, DTI/SEC Registration, Business Permit
3. Three (3) years ITR and Audited Financial Statements
4. Three (3) years In-House Financial Statements (if applicable)
5. Latest 6 months bank statement with main depository bank (if applicable)
6. List of Customers and Suppliers with contact details
7. Photocopy of TCT/CCT with Tax Declaration and RETR (if applicable)
8. Location Plan (if applicable)

CHECK DISCOUNTING LINE

Maybank shall advance to you the amount of receivables to help you improve terms of trade with your suppliers. You can use the Check Discounting line for the following:

• To augment working capital for expansion
• For investments
• Improve trade terms with suppliers

Maybank will not require any collateral for this facility.  Validity of the loan is until 1 year from date of approval.

If you are a single proprietor, part of a partnership, or a corporate, then you can apply for a Check Discounting Line.

Requirements

1. Company Profile (kindly include product line)
2. Business Papers: Articles of Incorporation with By-Laws, Latest GIS, DTI/SEC Registration, Business Permit
3. Three (3) years ITR and Audited Financial Statements
4. Three (3) years In-House Financial Statements (if applicable)
5. Latest 6 months bank statement with main depository bank (if applicable)
6. List of Customers and Suppliers with contact details
7. Photocopy of TCT/CCT with Tax Declaration and RETR (if applicable)
8. Location Plan (if applicable)

LC DISCOUNTING LINE

As an exporter, with Maybank’s LC Discounting line, they guarantee that money you will be paid for the goods you have shipped overseas.  Note that this service is available for outright purchase of draft under Usance LC issued by a correspondent bank of Maybank.

Not only will this line improve your financial liquidity but also improve the balance sheet of your company as you can enjoy a high margin of advance of up to 100% upon receipt of authenticated acceptance from a Credit Issuing Bank.

If you are in the import/export business and is a single proprietor, part of a partnership, or a corporate, then you can apply for an LC Discounting line.

EXPORT BILLS PURCHASE LINE

Maybank shall purchase your export documents and immediately advance the export proceeds prior to the receipt of the payment from buyer. They not only accelerate your capital turnover, but also, they simplify financing procedures for you. Enjoy a high margin of financing of up to 100% of the invoice value of part thereof.

If you are in the business of trade/export, an existing Maybank loan client and a single proprietor, part of a partnership, or a corporate, then you can apply for an Export Bills Purchase line.

Requirements

1. Shipping Documents
2. Bill of Lading
3. Packing List and Commercial Invoice

EXPORT ADVANCE LINE

With Maybank’s Export Advance Line, exporters like you will be able to finance purchases and prepare the goods for shipment.  They will assign export letters of credit or purchase orders and advance to you the proceeds of the export shipment negotiated through the Bank. Enjoy a high margin of financing of up to 80% of the assigned LC/CPO/SC.  You may avail of this line either in USD or PHP denomination with a maximum financing period of 120 days.

If you are in the business of trade/export, an existing Maybank loan client and a single proprietor, part of a partnership, or a corporate, then you can apply for an Export Advance Line.

Requirements

1. Deed of Assignment
2. Duly signed Purchase Order
3. Promissory Notes
4. Disclosure Statement