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 loan product has the following salient features:

• Can be accessed by legitimate businesspersons;

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

• The term of the credit line is one year;

• Can be availed via several drawdowns;

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

• Interest on loan is comparatively low.

Apply now!