Working capital loan
We offer working capital loans on flexible and favorable terms to entrepreneurs, businesses, and clients aiming to increase operational income and profits, improve product and service quality, expand their offerings, and fully meet their financial needs.
Terms and conditions
Working capital loan MNT USD EUR CNY JPY
Maximum loan amount The maximum loan amount will be determined depending on the business scope, assets, and financial capacity
Loan interest /month/

2.0%-1.6%

1.5%-1.1% 1.2%-0.85% 1.2%-0.85%

1.2%-0.85%

Loan interest /annual/

24.0%-19.2%

18.0%-13.2% 14.4%-10.2% 14.4%-10.2%

14.4%-10.2%

Term of loan

Up to 36 months

Service fee 1% of the loan amount or the maximum amount is 1,500,000 MNT 0.5% of the loan amount or the maximum amount is 1,500 US dollars and the equivalent in EUR, CNY and JPY
Increased interest

The increased interest rate is equal to 20% of the principal interest rate

Fee for changes to the original loan terms

0%

Grace period for principal repayment
Up to 12 months
Application Fee

30,000 MNT

Credit database reference fee

For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT

Actual cost /annual/: 19.6%-24.4%

Requirements
  • Last 12 months continuous business experience;
  • Qualify for collateral
  • Other requirements from the bank.
Eligibility or required documents
  • Loan application /from bank/, 1 copy of photo
  • Identity card
  • Description of the place of residence
  • Account statements
  • Operating license and lease agreement
  • Other required documents