2 FAQ
- What is a corporate credit facility?
A credit facility is a financing solution offered to businesses to support working capital needs, expansion, asset purchases or other operational requirements. It may include loans, overdrafts, revolving credit or even trade finance options.
- Who can initiate a corporate credit facility inquiry?
Corporate credit facilities are available to registered businesses such as companies, partnerships and sole proprietorships, subject to the bank’s eligibility criteria and credit assessment.
The corporate credit facility inquiry forms are available to corporate customers that are new to the bank i.e. those that do not have any prior relationship with the bank. Existing corporate customers may apply for credit facilities by logging into the bank’s website with their login credentials.
- What information will I need to submit this form?
Besides basic information of the company’s funding needs, you will be required to provide details such as company registration number, annual revenue, incorporation details, and area of operations. You will also be required to provide information of the contact person to whom the bank can contact so as to take the inquiry further. Additional information and supporting documents may be requested by the appointed relationship manager after submission.
- Can I track the status of my credit facility inquiry/application?
Yes. Once your inquiry has been submitted, you can track its progress anytime using the Application Tracker. It will display the current status of your inquiry/application.