VND Export Financing With USD Interest Rate

“VND Export financing  with USD interest rate” is a short-terms financing product  for the export enterprises having foreign currency revenue and committing to sell USD turnover to BAOVIET Bank. With this product, the export enterprises could lend VND with only USD interest rate (loan amount, principal and interest expense in VND).

  • At least 2 years of operation in the field of export.
  • Feasible business plan with a great capacity for purchasing, producing and processing goods in accordance with export quality standards.
  • Concluded export contract or documents relating to the export/delivery/sale of goods, services.
  • Enterprise committing to sell USD from the USD selling forward contract to BAOVIET Bank.
  • Other requirements in accordance with BAOVIET Bank regulation.
  • Lower interest expense
  • Timely financing as soon as the enterprise receive L/C or export contract.
  • High financing up to 90% value of L/C or export contract.
  • Foreign exchange risk mitigation; well-planned cost, revenue & profits therefore an excellent solution for export enterprises in cash flow management.
  • Many payment methods accepted (such as L/C, D/P, D/A, CAD, TTR,…)
  • Term of financing: up to 6 months.
  • Legal documents
  • Finance records
  • Export contract or documents relating the export/delivery/sale of goods/services.
  • Collateral profile