Partial Financing for Acquired and Foreclosed Collateral

Partial Financing for Acquired and Foreclosed Collateral
Coopbank’s Partial Financing offers flexible support by covering part of the auction price for foreclosed and acquired properties, including buildings, vehicles, machinery, and business establishments held as collateral or acquired by the Bank.

Equipment/Machineries Lease Financing

Equipment and Machinery Lease Financing
This facility provides essential financing for capital goods such as earthmoving machines, construction vehicles, and harvesters, enabling businesses across all sectors to grow and thrive.

Import Letter of Credit Settlement Loan

This loan allows the conversion of the outstanding value of import L/C documents into a merchandise loan or term loan for up to one year, helping businesses overcome cash flow shortages. This facility is available twice per year.

General Eligibility Criteria and Conditions:
– Maintain a credit risk grade of 1, 2, or 3
– Only L/Cs opened by the Bank are eligible
– No unsettled long outstanding L/Cs

– Apply within five days of L/C document arrival notification