Working capital loan
is the loan granted by Kasikornthai Bank to meet the customer's demand on
short-term fund in the process of production operations, and ensure the normal
business activities on an on-going basis. Kasikornthai Bank's business experts will
provide business advice in relation to working capital financing, help you
achieve the business goals and address the financial problems at its very root,
for the enterprise’s smooth business operations and sustainable growth.
Feature:
Working capital loan，as an
efficient and practical financial instrument, is characterized with features
such as flexible loan terms, high turnover rate, simple and convenient
procedures and so on. Promissory Note
(P/N) is an instrument for this type of loan.
Conditions:
- The maximum tenor of
any promissory note will be 180 days
- Other conditions are
subject to Kasikornthai Bank approval
Collateral: KBANK provide a choice of collateral as follows;
· - Deposit Pledge (only
term deposit with KBANK)
- SBLC
Qualifications :
- The borrower should
have been in business for at least 2 years
- Have never become an
NPL and / or entered into debt restructuring agreement with any financial
institution
- At least 2 out of
the last 3 years, the borrower's profit before tax should be positive
- Other qualifications
as per Kasikornthai Bank condition