Loans

Investment Loan

In order to expand their business activities, business owners and customers are offered investment loans for the purchase of fixed assets, the construction and expansion of buildings, and the purchase of technology and equipment.

Benefits

Flexible and favorable conditions

Terms and conditions

Investment Loan	MNT	USD	EUR	CNY	JPY
Maximum loan amount	The maximum loan amount will be determined depending on the size of the business, capital and financial ability. At least 30% of the total investment amount shall be financed by the borrower himself.
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 60 months	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
Benefits of Changes to the Original Loan Term	0%
Period of exemption from principal	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

Requirements

Last 12 months continuous business experience;
Qualify for collateral
Other requirements from the bank.

Eligibility or required documents

Loan application letter.
Loan application /from Bank/
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/
Copy of Company Certificate, Copy of Company Articles of Association /Stamp of the State Registry/
Copy of identity card of the person authorized to sign the loan agreement / founders, general director, executive director, etc., borrower’s resume
Special licenses, business plans and other documents related to business activities
References /in the name of Organization and major shareholders/
Other Required documents

Eligibility or required documents