I. Local Government Units (LGUs) / National Government Agencies (NGA)

Credit Facilities:

1. Long-Term Loans (LTL)

• For project financing 
• Expansion/modernization of facilities or acquisition of capital goods or services
• Loan maturities range from 2 to 10 years

2. Trade Services & Facilities

• Letters of Credit (L/Cs)
• Guarantees in the form of Standby L/Cs

II. Government Owned And Controlled Corporation (GOCCs) / Water Districts (WDs/Electric Cooperatives (EC)

Credit Facilities:

1. Term Loans

Long-Term Loans (LTL)

• For project financing  establishment/expansion/modernization of facilities or acquisition of capital goods or services
• Loan maturities range from 2 to 10 years

Short-Term Loans (STL)

• To finance working capital requirements
• Repayment within one year

2. Revolving Promissory Note Line (RPNL)

• Used to augment operating and working capital requirements
• Available by promissory notes (PNs) of up to 360 days

3. Discounting Line 

• You can quickly convert your customers' post-dated checks into cash
• Eligible to those whose businesses normally accept post-dated check payments

4. Omnibus Line - A multi-purpose loan you can avail of yourself, depending on your credit requirements

5. Domestic Bills Purchased Line - Convert your checks and bank drafts into cash

6. Trade Services & Facilities

• Letters of Credit (L/Cs)
• Documentary Collections under Open Account, Documents against Acceptance/Payment
• Guarantees in the form of Standby L/Cs
• Trade Finance

1. Financing thru LC/TR Lines
2. Export Financing thru Export Advance Lines (pre-shipment financing), or Export Bills/Drafts Purchased Lines (post-shipment financing)
3. Pre-settlement Risk Line/ Settlement Risk Line

Compliance Requirements - Borrower must comply with the documentary requirements of the Department of Finance, Bangko Sentral ng Pilipinas, and other regulatory agencies which regulate the GOCC/WD.

Contact us:

INSTITUTIONAL BANKING GROUP
Phone: (02) 8 846-8322
Email: ibg@veteransbank.com.ph