State Bank of India (SBI) is a famous bank that was established in India. The bank has widened its operations to many countries including Singapore. SBI Singapore is a popular bank that caters to the banking needs of both individual and corporate consumers. The bank offers a variety of retail and corporate banking products in many currencies including SGD, USD, and more.
You can meet your corporate banking requirements with the help of the several corporate products offered by SBI Singapore. The primary corporate products include deposits, trade finance, loans, escrow finances, and remittances. The bank is dedicated to providing excellent financial services to the companies in South and Southeast Asia. SBI Singapore works to assist companies in growing efficiently.
Let us take a look at the corporate loans provided by SBI Singapore:
A line of credit is a financial arrangement that provides a loan balance which is provided by the lender to a borrower and the borrower is allowed to utilise and organise these funds. SBI provides Trading Lines of Credit exclusively for traders. When you go for this loan product, you can take money from your credit card account anytime. However, you should not take money more than the amount that has been prescribed in your agreement.
Features of SBI Trading Line of Credit
Let us take a look at the characteristics of Trading Line of Credit:
Fund-based lending refers to a financial arrangement where the lender commits the physical outflow of money. Some of the forms of fund-based lending include loans, cash credit, bills purchased, overdraft, working capital term loans, and more. SBI Singapore provides good fund-based loans for corporate organisations.
Features of SBI Fund-based Corporate Loans
Let us take a look at the features and benefits of SBI Fund-based Corporate Loans:
Credit origination refers to the process in which an individual applies for a new loan and then a lender reviews the application and processes it accordingly. Origination refers to every step ranging from obtaining a credit application until the credit is completely disbursed to the borrower (or rejected).
A syndicated loan facility refers to a loan provided by a cluster of lenders. This loan is structured and monitored by a group of commercial banks. Most businesses apply for a syndicated loan from a bank or a financial institution.
Features of SBI Credit Origination and Syndication Facilities
Let us take a look at the features as well as benefits offered by SBI Credit Origination and Syndication Facilities:
Asset financing refers to a lending arrangement where the corporate organisation will have to use company assets such as inventory, short-term investments, and accounts receivable for borrowing money. The borrower will be required to pay security interest on these assets.
Features of SBI Asset Financing
Let us discuss the characteristics and benefits of SBI Asset Financing:
Let us discuss the features and benefits of this loan product:
Let us discuss the features and benefits of SBI Secured overdraft:
You can apply by calling the hotline number of SBI Singapore. You can also visit the SBI branch in Singapore to get full clarity regarding the application process.
SBI Singapore offers a wide variety of corporate loans. The ideal loan product for increasing your company’s exports would be Trading Lines of Credit.
From the list of SBI corporate loans, you could select SBI Asset Financing as this product is designed to meet asset requirements.