We offer a wide range of payment terms for your Business Credit Line (BCL):
- Business Credit Line Eligible (Regular or Medium+): Eligible for BCL drawdowns and Express drawdowns.
- Business Credit Line Plus Eligible (Regular or Medium+): Eligible for BCL Plus drawdowns, BCL drawdowns and Express drawdowns.
- Express Business Loan Eligible: Eligible for Express drawdowns.
The terms for each type of credit line are the following:
- Business Credit Line Plus
- Available only within 3 months of BCL grant/start timestamp.
- Rates: 1.49% to 2.39%
- All Medium+ Segment: 1.49%
- Regular B2B: 1.89%
- Regular B2C: 2.39%
- Repayment terms: 13 to 24 months monthly amortization
- Early repayment and rescheduling allowed
- Subject to a processing fee or subscription fee
- Business Credit Line Express
- 0% interest
- 3% fixed processing fee
- 0.5% rebate for early repayment
- 3% rescheduling interest rate
- Repayment terms: 1 month
- Early repayment and rescheduling allowed subject to the above fees
- Business Credit Line
- 0.99% to 3.49% interest
- 1.99% processing fee per drawdown OR 3.99% annual subscription fee
- Early repayment and rescheduling allowed subject to the above fees
- Repayment terms: 1 to 12 months monthly amortization