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Revolving Credit Facilities

Revolving credit facilities

Introduction

Revolving Credit Facility refers to a flexible, convenient and recyclable product provided by Bank of China to the customers. Bank of China may quickly extend the short-term credit to customers regardless of its accumulated amount and frequency, as long as the balance of credit extension is not over the standard of corresponding service.

Features

1. Provide convenience to enterprises' short-term financial arrangement. Since credit line can be recycled, financial plan of enterprises may become more definite and systematic. Enterprises needn't arrange funds for current operations under the credit line.

2. Borrowers might have higher rating from rating agency.

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