Free up your receivable-stuck capital. Capture a greater client base by optimizing your sales on account with FICOBank’s Purchase of Receivables. This credit facility will enable you to advance the collections of your current receivables, in a way that will improve further your sales cycle. And this only requires your short-, medium- or long-term receivables, as security in a financing/purchase agreement.

This credit facility has the following salient features:

  • Can be accessed by a legitimate business person or a cooperative/partnership/corporation engaged in financing agri- and non-agri machineries, as well as vehicles;

  • Loan amount is up to Php50,000,000.00;

  • Loan term is up to the remaining term of the account receivable;

  • Mode of payment is based on the PDCs issued by the sub-borrower/borrower; and

  • Interest on loan is comparatively low.

Apply now!

 

Call : (078) 307-2675 / 307-3364 / 307-0051
e-mail : customercare@ficobank.com
Skype : ficobank.bdd
PM : www.facebook.com/FICOBank.PH
Visit : FICOBank branch near you

 


 

 

 

 

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