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LOAN LOAN

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With revolving line of credit, you have the flexibility you need in short term capital needs to manage your cash flow more efficiently and maximize your business growth more effectively. With trade finance line of credit, you can also facilitate payment of goods in either international or domestic trade. Minimize interest expense by repaying whenever you can and reuse whenever you need.

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COMMERCIAL REVOLVING LINE OF CREDIT OPTIONS

CREDIT OPTIONS

CREDIT OPTION

OVERDRAFT PROTECTION

TRADE FINANCE

Loan Amount

Starting as low as $10,000

Starting as low as $10,000

Term

Initial Term of 12 months and renewal thereafter

Initial Term of 12 months and renewal thereafter

Payment Method

Interest and 1/60 of prior month’s principal balance, monthly

Interest, monthly

Repayment Schedule

Lump sum at maturity

Lump sum at maturity

Loan Purpose

Short-term working capital

Inventory purchase

Interest Rate Type

Variable (Indexed to Prime)

Variable (Indexed to Prime)

Others

  • Best to manage short-term cash flow fluctuation
  • Manageable minimum monthly payment
  • Pay no interest until you draw funds
  • Linked to business checking account
  • No Prepayment Penalty
  • Auto debit from Woori America Bank Checking Account
  • Other terms, conditions and restrictions may apply
  • Open up letter of credit to purchase goods
  • Maximum repayment term for each business or trust receipt loan is 270 days (shorter repayment term may apply depending on business cycle)
  • No Prepayment Penalty
  • Auto debit from Woori America Bank Checking Account
  • Other terms, conditions and restrictions may apply

phone iconFor more information, please visit your local branches or call 1-888-MyWoori(699-6674)