Through this loan, BKT provides you with the opportunity to finance the suppliers of your construction company, within the approved limit. This considers the risk and liquidity capacity of the construction company.
General Conditions:
Can be utilized as a cash or non-cash loan.
If used as a cash loan, the proceeds will be directly transferred to the account of the supplier with whom the construction company has a contract.
If used as a non-cash loan, a Letter of Guarantee is issued in favor of the supplier, with a specified date and amount.
The loan disbursement goes directly to the account of the supplier.
The maturity term is determined between the supplier and construction company.
Installment payments are due on the maturity of the guaranteed letter.
The guarantee used is the construction company’s approved limit.