- Eligible clients: Manufacturing company owners and private company owners.
- Loan amount: As per demand and financial capability of clients.
- Purpose: Applicable to various circumstances.
- Proof of income: Diversified.
- Interest rates: Competitive, calculated on the outstanding loan (remaining loan).
Fixed Asset Loan
For the need of funds to purchase fixed assets for the production of goods and services.
Benefits
Loan details
Features
- Purpose and loan term:
- Invest in real estate for business: Up to 25 years.
- Construct or renovate business premises: Up to 15 years.
- Invest in machinery and equipment: Up to 10 years.
- Invest in vehicles: Up to 7 years.
- Grace period: Up to 1 year.
- Flexible payment method:
- Interest: Monthly or quarterly;
- Principal: Linear (monthly or periodically but not longer than 6-month interval) or ladder (increasing 10–20% per year).
Requirements
- Clients must be Vietnamese citizens, aged 18 years or older.
- Clients must run business legally.
- Clients must make business plans and have stable source of income from the business plans.
- Clients must provide collateral (lands, houses, cars, valuable papers).
Reference
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