- Eligible clients: Manufacturing company owners and private company owners.
- Disbursement: In lump sum or in tranches.
- Interest rates: Competitive, calculated on the outstanding loan (remaining loan).
Business loan
For the need of middle-term and long-term funds for business loan.
Benefits
Features
Easy
- Purpose: Open or expand business, enhance or upgrade technology for manufacturing.
- Loan amount: Up to VND 5 billion.
- Loan term: Up to 5 years.
- Grace period: Up to 6 months.
- Flexible payment method:
- Interest: Monthly or quarterly;
- Principal: Linear (monthly or periodically but not longer than 12-month interval) or ladder (increasing 10–20% per year).
Requirements
Vietnamese individuals
- 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, valuable papers).
Reference
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