Grow your business multifold. FICOBank’s Check Rediscounting Line bridges the gap between your immediate cash need and the clearing of your postdated checks. This credit facility is specifically designed for businessperson like you, who wanted to convert postdated checks into cash in order to meet maturing obligation, build up inventory or increase working capital.

This facility has the following salient features:

• Can be accessed by legitimate businesspersons;

• Loan amount is Php500,000.00 up to Php10,000,000.00;

• Term of the credit line is three (3) years from the date of approval (via one-time or several drawdown[s]);

• Mode of payment is based on the clearing of the assigned check(s); and

• Interest rate is comparatively low.

Apply now!