New York Branch
/
Featured Products
/
Corporate Loans
/
Term Loan

Term Loan

Product Introduction

China Merchants Bank New York Branch provides an agreed amount of loan funding within the specified period according to customers’ application, with customers usually having the right to draw down in a lump-sum or installments within the loan period. The loan shall be repaid in installments or lump-sum/bullet repayments can be made at the maturity date of loan according to the credit agreement. Unlike a revolving credit facility, the customer cannot draw down the loan again after repayment.

Product Features

  1. 1、Larger amount, can provide financing for a company's long-term investments or purchase of fixed assets.

  2. 2、Extended term, mostly mid-term or long-term loans.

Target Customers

Suitable for customers who have normal business operations, stable source of income, can provide legally enforceable collateral, and have demands for long-term investments or purchasing of fixed assets.