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    OCBC Overseas Financing

    Overview of OCBC - Oversea - Chinese Banking Corporation

    OCBC or the Oversea - Chinese Banking Corporation is one among the largest banks in the world today. It is also one of the top banks in Singapore, where the headquarters of the bank is situated. The assets of OCBC are worth more than the island. Having being established in the year 1919, it has today rapidly expanded with an extensive network in 15 different countries and territories in the world. The bank has subsidiaries in Malaysia, Indonesia, Hong Kong and China. The OCBC bank branches are located in China, Japan, Hong Kong, United States of America, Australia and the UK. The financial businesses of OCBC operate as Bank OCBC NISP, Bank of Singapore and OCBC Bank in over 18 different countries and territories. The banking services operate under 3 independent brands namely, Great Eastern for Insurance, Lion Global Investors for Asset management and OCBC Securities for Brokerage.

    OCBC Overseas Financing – Internationalization Finance Scheme

    OCBC offers overseas financing under the banner of Internationalization Finance Scheme which is asset based financing scheme offering finance of up to 90% of the purchase price or valuation price, depending on whichever is lower. This scheme helps Singapore based companies establish their presence overseas through the IE administered programme.

    Features and Benefits of OCBC Overseas Financing – Internationalization Finance Scheme

    • The Internationalization Finance Scheme program provides financing for the revenue acquisition for generating fixed assets and also provide funding of sales orders and overseas projects.
    • This scheme allows for borrowing of up to 90% of the purchase price or the valuation cost, depending on which is lower.
    • This scheme provides a flexible repayment tenure of up to 15 years.

    Credit Facilities Offered by OCBC Overseas Financing – Internationalization Finance Scheme

    • Asset Based Financing
      1. This financing includes financing for the purchase of equipment, factories and any other fixed assets.
      2. Up to 90% financing provided which is based on either the purchase price or the valuation cost, depending on which is lower.
      3. Repayment Tenure for land, building and factories – You can choose a repayment period of up to 15 years.
      4. Repayment Tenure for machinery and equipment - You can choose a repayment period of up to 6 years, subject to the terms and conditions.
    • Structured Loan
      1. Financing provided to cover the working capital expenditure for the overseas project.
      2. The structures loan provides up to 90% financing which is based on either the purchase price or the valuation cost, depending on which is lower.
      3. Repayment Tenure for Overseas Projects - You can choose a repayment period of up to 3 years.
    • Banker’s Guarantee
      1. Provided for secured overseas projects that require advance payment guarantee, tender bond guarantee or performance guarantee.

    Note the following:

    • The maximum financing amount will be determined and pro-rated according to the proportion of percentage of the shareholdings of the Singapore based company in the overseas operations.
    • The maximum loan amount that will be provided to a company on a group basis, that includes associated companies and directly owned subsidiaries, will not exceed SGD 15 million.

    Eligibility Criteria for OCBC Overseas Financing – Internationalization Finance Scheme

    • The company should be a Singapore registered entity having substantial functions on the island.
    • The overseas business must complement the core operations of the Singapore Company and benefit the Singapore economy.
    • Group Turnover – Not exceed SGD 500 million for trading companies and SGD 300 million for non-trading companies.

    Applying for OCBC Overseas Financing – Internationalization Finance Scheme

    • You can contact OCBC Bank via telephone to apply for this scheme.

    Explore the Other Overseas Property Loans Offered By Banks:

    Explore the Other Loans Offered By OCBC Bank:

    Frequently Asked Questions

    1. Is the 15 year repayment facility available for any of the credit facilities offered by the OCBC Overseas Financing – Internationalization Finance Scheme?
    2. No. The 15 year repayment tenure is provided for land, building and factories. The repayment period for machinery and equipment is a maximum of 6 years and the repayment period for overseas projects is a maximum of 3 years.

    3. What is the maximum financing offered by the OCBC Overseas Financing – Internationalization Finance Scheme?
    4. OCBC offers up to 90% financing of the purchase price or the valuation cost, depending on which is lower. The maximum loan amount that can be availed for the OCBC Overseas Financing – Internationalization Finance Scheme is SGD 15 million. This loan amount is provided to the company on a group basis, which includes associated companies and directly owned subsidiaries.

    5. What funding expenses does the Structured Loan cover as offered by the OCBC Overseas Financing – Internationalization Finance Scheme?
    6. The Structured Loan offered under the OCBC Overseas Financing – Internationalization Finance Scheme provides funding to cover expenses involved in the working capital as well as funding for overseas projects.

    7. What coverage is provided by the Banker’s Guarantee under the OCBC Overseas Financing – Internationalization Finance Scheme?
    8. The Banker’s Guarantee under the OCBC Overseas Financing – Internationalization Finance Scheme provides the following coverage for overseas projects - performance guarantee, payment guarantee or tender bond guarantee.

    9. What financing expenses are included in the Asset based financing provided under OCBC Overseas Financing – Internationalization Finance Scheme?
    10. Asset based financing provided under OCBC Overseas Financing – Internationalization Finance Scheme includes financing expenses for the purchase of equipment, factories and any other fixed assets. This financing scheme provides up to 90% financing which is based either on the purchase price or the valuation cost, depending on which is lesser.

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