
Personal Banking
Business Banking
Digital Banking
Personal Banking
Business Banking
Digital Banking
MTB Bank offers invoice financing, where either the seller or the buyer can apply for a certain percentage of the balance due/receivable on the invoice as a loan.
Loan Amount | Loan Tenor | Interest Rate | Service Charges |
80% of Invoice | Invoice payment term
Maximum 1 year |
12% to 15% | With Collateral – 1%
Without Collateral – 2% |
Note:
Depending on the purpose of the loan application and the type of business, additional documents may be required
Land
Building
Condo, Apartment
Merchandise
Vehicle
Machine
Invoice