OREANDA-NEWS. September 09, 2014. The Bank of East Asia, Limited(“BEA”) announces the launch of its 2014 Corporate Tax Loan Programme.

Corporate clients who successfully apply for a corporate tax loan on or before 15th November, 2014 can enjoy “early bird” offers including an interest rate as low as BEA’s HKD Prime Rate* minus 1.0% p.a., and a full waiver of the arrangement fee.

Loan amounts are available up to 200% of the client’s tax bill, which can be repaid in tenors ranging from 6 to 24 months. The arrangement fee is fixed at 0.5% of the loan amount, or HKD 1,000, whichever is higher.

Loans may be drawn in the form of a cashier’s order payable to the Inland Revenue Department, or amounts can be credited to the designated BEA corporate account.

BEA offers corporate clients a comprehensive range of products and services including syndicated loans, cross-border finance, trade finance, equipment and vehicle finance, Corporate Cyberbanking, MPF, and general insurance services.