Aiming at the goal of financing and providing solutions to support businesses operating in the fast-moving consumer goods (FMCG) sector. SeABank has provided a solution package "FMCG Business Financing". What are the mechanisms and characteristics of this solution? The following article in the News section will provide the necessary information.

What is FMCG Corporate Finance?

FMCG (Fast Moving Consumer Goods) is a fast-moving consumer goods industry that is diverse from beverages, food to products such as functional foods, household products, stationery, consumer electronics, etc. FMCG business financing is to support optimal incentives for Customers who are Agents of large and reputable Enterprises in the field of fast-moving consumer goods (FMCG).

Conditions for using FMCG business financing products at SeABank.

To be able to borrow capital at SeABank, FMCG businesses need to meet the following conditions.

Customers must be businesses/private enterprises distributing FMCG products; be direct purchasing agents from large FMCG businesses and be selected by SeABank.
Reputable business with a history of timely and full debt repayment.
Profilegood finance, viable business goals and plans.
Meet the conditions on collateral ratio.

The customer is a business in the FMCG industry.

What does SeABank support for FMCG businesses?

Fast-moving consumer goods (FMCG) is a sector that accounts for a large market share in the retail industry in Vietnam. This is an important sector in the economy, however, many businesses are currently facing certain barriers in accessing capital.

Understanding the difficulties and capital needs of FMCG businesses, SeABank has come up with the solution "FMCG Business Financing" to support businesses operating in this field to supplement working capital in production and business activities.

FMCG businesses borrow capital at SeABank

Purpose of credit: Lending to businesses to supplement working capital for production and business activities in the FMCG industry.
Form of credit: SeABank flexibly provides diverse forms of credit, suitable for the purposes and business needs of each customer, specifically:
Financing by credit limit.
Financing according to overdraft limit.
Issue payment guarantee.
Issuance of domestic L/C at sight/deferred payment/UPAS L/C.
Diverse collateral: This is the outstanding advantage of this product, you can secure with Deposits/Real Estate/Means of Transport/Circulating Inventory.
Flexible credit rates: Customers can choose to secure circulating inventory with a financing rate of up to 40% of the value of the secured asset and/or be granted a dedicated overdraft limit without collateral: up to 5 billion VND. In addition, for other secured assets, the credit granting rate is also very high.
Loan interest rate: The characteristic of this product is that it is financed by industry group, so it always has its own policies. Currently, the FMCG industry group has attractive interest rates and incentives on the market.

In addition, SeABank currently has a team of dedicated, professional consultants ready to accompany customers and always strive to bring the best quality to businesses.

Conclusion

Currently, SeABank is promoting preferential loan programs for the FMCG industry, with very flexible mechanisms and policies. In addition, SeABank's existing product ecosystem will be a tool to help customers optimize benefits for their businesses.

Hopefully the above information will help you better understand the product "FMCG Business Finance" at SeABank.For more information, please contact SeABank at website or Hotline 1900.599.952 (KHDN) to get advice and experience services from SeABank.