In order to assist local manufacturers in exporting Taiwan-made machinery and other capital equipment, enhance the development of relevant domestic industries, The Export-Import Bank of the Republic of China (Eximbank) has been actively participating in trade promotion activities of other financial and trade- related agencies, as well as visiting financial and trade organizations in emerging markets in search of opportunities to enhance bilateral economic and trade relations. Taiwan has long been internationally renowned for manufacturing high-quality machinery and equipment at competitive prices. This, coupled with the assistance provided by Eximbank in the form of export credits, has encouraged foreign buyers to purchase products made in Taiwan.
Medium and Long- term Export Credit is one of the financing programs that Eximbank provides to assist ROC exporters in extending supplier’s credit to foreign buyer in obtaining medium and long-term loans for the purchase of machinery, equipment and capital goods from Taiwan. Under the program, the exporter, who serves as the applicant, can get funds amounting to 85% of the contract value directly from Eximbank after delivery of goods. And the foreign buyer, will be granted an installment facility based on competitive interest rate, provided that the buyer makes a 15% of down payment before shipment and provides repayment guarantee issued by the bank acceptable to Eximbank. Please contact Eximbank for further questions regarding our loan facility.
Eligible Products
- Equipment for turn-key factory or full-line equipment, or single machine
- Precision metal products
- Transportation equipment
- Computer peripherals, computer software, semiconductor products
- Telecommunications and electronic products
- Precision instruments and equipment
- Advanced electronic products
- 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.
Applicants
Duly registered manufacturers, engineering companies, or trading companies in Taiwan.
Percentage of Financing
The percentage of financing shall not exceed 85 percent of the export amount.
Tenor
Tenor of financing for turnkey plant, full-line equipment, single machine, or other capital goods shall not exceed ten years from the date of shipment. Tenor of financing for other products shall not exceed three years.
Interest Rate
Interest rate is fixed as offered by Eximbank.
Currency
NT dollar, US dollar, or other foreign currencies acceptable to Eximbank.
Repayment
Repayment of principal is made in equal semi-annual installments commencing six months from the shipment date. A grace period may be granted upon applicant’s request.
Security
The foreign buyer must provide guarantee by a foreign financial institution approved by Eximbank.
Export Insurance
Exporters should be covered by the Medium-and Long-Term Deferred Payment Insurance and should transfer the beneficiary’s right to Eximbank.