Maximum financing percentage: up to 80% value of the vehicle shipment.
Collateral: the vehicle shipment.
ACB accepts a wide variety of car portfolio.
Features
Collateral is the vehicle shipment The auto distributors or dealers can pledge the incoming vehicle shipment as collateral
Disbursements are available before the auto distributor or dealer receives vehicle shipment. ACB provides a loan for the auto distributor or dealer to pay for the vehicle before receiving the shipment.
Loan term Up to 12 months
Loan currency VND
Loan type: Revolving or non-revolving loan.
Eligible customers
Auto distributors and dealers that are legally operating in Vietnam have a need to borrow money to make payments for car purchases to car manufactures, serving business activities.