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Financial institute
Financial institute
ББСБ-ын бизнесийн үйл ажиллагааны ашиг орлогоо өсгөх, бүтээгдэхүүн үйлчилгээгээ нэмэгдүүлэхэд шаардлагатай эргэлтийн хөрөнгийн эх үүсвэрийг санхүүжүүлнэ.
Benefits
Terms and conditions
Financial institute loan
|
MNT | USD | EUR | CNY |
JPY |
Loan amount |
The maximum loan amount is determined depending on the size of the business, assets and financial ability. The amount of financing from the bank shall not exceed 80% of the total working capital
|
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Loan interest /month/ |
2.0%-1.6% |
1.35%-1.0% | 1.35%-1.0% | 1.35%-1.0% |
1.35%-1.0% |
Loan interest /annual/ | 24.0%-19.2% | 16.2%-12.0% | 16.2%-12.0% | 16.2%-12.0% | 16.2%-12.0% |
Term of loan |
Up to 36 months |
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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 interes |
The increased interest rate is equal to 20% of the principal interest rate |
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Benefits of Changes to the Original Loan Term |
0% |
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Period of exemption from principal
|
Up to 12 months |
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Application Fee |
30,000 MNT |
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Credit database reference fee |
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
Eligibility or required documents
- Loan application letter.
- Loan application /from Bank/
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Resolution of the Board of Directors/Shareholders’ Meeting/ on taking a loan. /The decision specifying the requested loan amount, interest rate, term, and collateral and appointing the person authorized to sign/
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Copy of Company Certificate, Copy of Company Articles of Association /Stamp of the State Registry/
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Copy of identity card of the person authorized to sign the loan agreement / founders, general director, executive director, etc., borrower’s resume
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Special licenses, business plans and other documents related to business activities
- References /in the name of Organization and major shareholders/
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Other Required documents