International Financial Corporation Offshore Loan

IFC (International Financial Corporation) is a part of world banks. This institution set-up private sector to accelerated the growth to optimum situation. Loan Team worked for fullfill all IFC requirement of datas, informations, others. First, we set-up budgeting department who make corporte planning for 5, 10, 25 years laters. We used some assumption to make this plann running well. Exchange rate is the one to fixed all expenditured on budgeted balance. United State Dollar is permanent basic condition in the shipping business. All transaction in words trading measured by usd. Economy climate and situation reflected with stock exchange rate, bank rate as jakarta interbanks rate (jibor), singapore interbanks rate (sibor), and others. Budget department reported the corporate plann after received the loan. Proportion of investment for all the amount the loan. Some for working capital and the others for expansion or investment. Expansion expenditure is set-up container depots in surabaya, make over the shippyard, buy modern vessel and others. IFC aggred to make loan with the amount as same with total fixed asset corporate before received the loan. The one condition must be followed corporate must be going to public not more than 2 years. All conditions already met with world bank requirement and final annoucement reported in national daily newspaper.

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