Financial assistance to identified individuals
and enterprises engaged in industry, services, and trading activities.
Clients Group:
Lending in Tri-State area of New York, New Jersey
and Connecticut. However, the customers outside the tri state
area may also be considered for general lending - on individual
selection basis, like-
Companies / Firms / Individuals
carrying out trade with India or with the Bank's
branches in other countries.
US Corporations with existing or potential
business opportunities in India or in other
centers where there are branches of Bank
of Baroda.
Individual / Firms / Corporations
in the US introduced by Bank's other offices in India
or offices in other countries
Certain Dollar denominated International
Loans/Lines of Credit as approved by Home
Office.
Type of Finance:
Overdraft against receivables
/ inventory,
Short term self-liquidating transactions
involving Letters of Credit, Acceptances, Trust
Receipt Advances,Bills Purchased/Discounted
under or outside L/Cs and the like.
Revolving Credit Demand Loans
Term Loan for premises / equipment / machinery
Opening / issuance of Letters of Credit
/ Standby Letters of Credit.
Loans Products:
Lending under Small Business
Administration
Lending for Real Estate for Business purpose
only.
Loans Syndication for Corporates
Credit Linked Notes for Corporates
Discounting of Usance Bills on Indian Corporates.
General Considerations :
Recognizing the purpose and
income generating capacity of the business / projects for
servicing principal and interest on a competitive basis. Other
terms and conditions like period of loan, Margin and collateral
shall be stipulated as per Bank's loan policy.
