Bank Facilities
Course Outline:
- Overview (Scope of Banks)
- Bank Facilities- Definition<
- Bank Procedure to apply Bank Facilities
- Types of Bank Facilities (W. Capital/ Loan/ Uncommitted/ Committed)
- Products of Bank Facilities<
- a)Overdraft
- b)Letter of Credit (With Margin/ with Nil Margin)
- c)Trust Receipts/ STL to Finance Raw Material Payments
- d)Term Loans
- e)Capex Financing/ Refinancing
- f)Factoring
- g)PDC Discounting
- h)LC Discounting
- i)Collection Document (DA/DP)
- j)Bank Guarantees (Tender/ Performance Bond/ Financial G)
- k)Avalization of Draft
Securities/ Collaterals
- a)Promissory Notes
- b)Corporate Guarantees
- c)Negative Pledge in the case of CAPEX Financing
- d)Assignment of All Risk Insurance Policies (Bank Mortgaged Clause)
- e)Assignment of All Risk Insurance Policies (Bank Mortgaged Clause)
- f)Registered/ Notarized/ Non Notarized Mortgaged/ Pledge
- g)General Floating Charge over Inventory/ Plants/ Equipment’s
- h)Lien
- Interest Rates & Charges (EIBOR/LIBOR)
- Event of Default Clauses
- Bank Covenants
- General Covenants
- Financial Covenants
- Practical Examples/ Question & Answer Session
