Eximbank offers various export credit facilities to assist local manufacturers in expanding their export. In order to assist local manufacturers to obtain working capital, Eximbank provides general export credit for a tenor of up to 2 years.
Eligible Products
- Equipment for turnkey factory, full-line equipment, or single machine.
- Hardware and precision metal products
- Transportation equipment
- Office equipment
- Medical equipment
- Environmental protection equipment
- Electric equipment, wires and cable equipment
- Other capital goods, industrial products, relevant components, and technical services approved by Eximbank
Applicant
Duly registered manufacturers, engineering companies, or trading companies in Taiwan.
Credit Amount
For standby L/C or deferred payment L/C, the percentage of financing shall not exceed 85 percent of the export amount. But for 720 days usance L/C, the interest and other necessary costs shall be deducted from the credit amount in advance.
Tenor
The tenor of financing shall not exceed two years from the date of shipment.
Currency
NT dollar, US dollar, or other foreign currencies acceptable to Eximbank.
Interest Rate
Interest rate is fixed as offered by Eximbank.
Repayment
For standby L/C or deferred payment L/C, principal is repaid in equal semi-annual installments commencing six months from the shipment date. But for 720 days usance L/C, principal is repaid in a lump sum on final maturity.
Security
The borrower shall provide bank guarantee, collateral, or guarantor approved by Eximbank.