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- Corporate clients are offered financing options including working capital and capital investment.
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| Interest |
Maximum of 15% per annum, actual rate to be decided through consultation. |
| Penalty for late payment |
| Rate: Between 14.50% and 21.90% per annum |
| (Outstanding principal) |
× |
(Rate) |
× |
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| Number of days from day following preceding payment to date of payment |
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| 365 |
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| Calculation of interest |
| * |
Payable in advance (in some cases this may be paid on the last day of interest period if the borrower so requests). |
| * |
Simple interest (compound interest in case of fixed principal and interest repayments). |
| * |
Charged on outstanding balances (calculation period lasts from the date the loan is extended to that of complete repayment). |
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| Collateral |
We require real estate as fixed mortgage, securities, claims or other such forms as may be required by the company as collateral. |
| Repayments |
Repayment method |
Term of loan |
No. of repayments |
| A.Lump-sum repayment |
1-85 months |
1 |
| B.Fixed principal and interest repayment |
2-85 months |
2-85 |
| C.Fixed principal repayments |
2-85 months |
2-85 |
| D.Irregular instalments |
To be stipulated in the loan contract. |
| Repayment details will be decided from among the methods above through consultation. |
| Charges |
| 1. |
Early repayment fee
(Amount of repayment)×(interest rate stipulated in contract)×(number of days from date of early repayment to original payment deadline)÷365,
or the early repayment amount multiplied by the difference between the interest rate stipulated in contract and that earnable on that amount if reinvested in the market for the remainder of the loan period, multiplied by the number of days until the originally scheduled repayment date. |
| Or |
| 2. |
Lending facility fee
(Maximum loan amount)×(interest rate stipulated in contract)×(number of days from date of contract to expiration date of contract)÷365 |
| Or |
| 3. |
Commitment fee
(Unused line of credit)×(interest rate stipulated in contract)×(number of days from date of preceding commitment fee payment to expiration date of contract)÷365 |
| Or |
| 4. |
Lending fee(participation fee, up-front fee)
(Scheduled amount of loan)×(interest rate stipulated in contract)or amount stipulated in contract(to a maximum of 5% of scheduled amount of loan) |
| Or |
| 5. |
Fee for cancellation of a loan (Funding break Cost)
(Scheduled loan principal)×(interest rate stipulated in contract minus that earnable if reinvested)×(number of days between scheduled loan date and date of repayment)÷365 |
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| Sample repayment plan |
| • |
Principal |
: |
¥10,000,000 |
| • |
Interest rate |
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9.5% p.a. |
| • |
Term of loan |
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36 months |
| • |
Total principal and interest |
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¥11,531,844 |
| • |
Monthly repayments |
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¥320,329 |
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- Our loans can be funding other than your primary banks, and accordingly can be used as new funding routes.
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(9) Number 00665, Director, Kanto Local Financial
Bureau |
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