This business loan facility allows eligible MSMEs to use a revolving line of credit for easy access to working capital support. No need to apply for a new loan each time – simply draw-down within your credit limit and settle in full within 6 months.
MSMEs require assets to grow, and WILCO is continuously improving its capacity to finance asset acquisition. Eligible MSMEs may use this facility to acquire equipment and other business assets with flexible repayments up to 36 months.
Many MSMEs are challenged with access to efficient procurement and bulk supplies at discounted prices. WILCOBiz Letter of Credit can help eligible MSMEs to improve the bottom-line by acquiring better supplier credit terms at no-interest cost.
We understand the liquidity challenges many MSMEs face when their customers take longer than agreed to settle invoices. Eligible MSMEs can now monetize a portion of their approved receivables, with flexible repayments up to 4 months.