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Eximbank 'country buyer loans'
1. Eximbank 'Country Buyer Loans'
Machinery necessary for exporters to compete in international
markets 'Country Buyer Credit Application' by EXIMBANK is
implemented.
Practiced for many years in countries such as Germany and Italy
'Country Buyer Credit Program', to be applied for the machinery
sector for the first time in Turkey. Machinery exporters to compete
abroad, which will provide a more comfortable $ 500 million loan
aims to use the application machinery industry.
Limited to 85 percent of the loan amount being held in the products to be exported.
Country Buyer Loan Program Maturity:
- For businesses with capital of $ 250,000; a total of 3 years with a grace period of 6 months
to 1 year,
- For businesses with capital of $ 250,000-1,000,000; a total of 4 years with a grace period of
6 months to 1 year,
- For businesses with capital of -1,000,000- more; a total of 5 years with a grace period of 6
months to 1 year,
- 6 months of interest applicable to the debtor under the credit agreement Eurolibor / Libor +
spread.
http://www.machineryfromturkey.com/eximbank-country-buyer-loans/