Drawdown from an approved credit line at the right time for the right purpose only from FICOBank’s Standby Credit Line. This loan facility offers a one-year term line of credit, which you can avail via several drawdowns or one-time release depending on your preference.
This loan product has the following salient features:
Standby credit line up to Php45 Million;
Term of the credit line is one year;
Minimum amount per drawdown is Php50,000;
Term for each drawdown is up to 120 days;
Interest on loan is comparatively low; and
Mode of payment is lump sum upon maturity of each PN.
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