Шуурхай зээл
Business Loan
Objective:
The loan for financing the current turnover of an individual entrepreneur and businesses
| Service fee | 0.5% of Loan amount |
- Works in a production and service industry and have to enough experience
- Must have repayment proof
- Should have satisfactory collateral
- Don’t have to bad credit history on Mongolian Loan Database
- Others
An individual
- ID /registration number/
- 1 copy of portrait photo
- Co-owner’s permission (if have co-owner)
- Document for proof of income
- Collateral certificates
Organization
- Business privilege license
- Organization’s certificate of registration
- Documents of collaterals
- Financial statement and bank account statement.
Loan request condition
| Loan amount | Up to 500 million MNT |
| Interest rate (monthly) | 2.5-3.5% |
| Loan term | 6-12 months |
| Service fee | 0.5% of Loan amount |
| Application fee | 10.000 MNT |
Requirements
- Works in a production and service industry and have to enough experience
- Must have repayment proof
- Should have satisfactory collateral
- Don’t have to bad credit history on Mongolian Loan Database
- Others
Loan request document
An individual
- ID /registration number/
- 1 copy of portrait photo
- Co-owner’s permission (if have co-owner)
- Document for proof of income
- Collateral certificates
Organization
- Business privilege license
- Organization’s certificate of registration
- Documents of collaterals
- Financial statement and bank account statement.
Other products
