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This line has the particular characteristic that the client (a corporation) can dispose of it subjected to the availability at that particular moment.

They are usually used for:

•  Work Capital
• Pre-Exportation Financing
• Importation Financing
• Importation Financing through Letters of Credit
• Discounts on Money Orders or Letter

Financing is granted at short periods of time, 90, 180 or 360 days. Each financing can be arranged on installment payments or can be payable at maturity. Interests are paid monthly and the guarantee could be mortgage or pledge.

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