In order to meet your demand for additional funds to newly purchase, repair or upgrade machines, equipment, means of transport, working offices, workshops, etc, VIB Bank would like to introduce the product
Benefits for you from VIB Bank
· Competitive interest rate and appropriate grace period (*).
· Fast and convenient procedures. We are committed to respond all of your loan requirements in the soonest time.
· Medium and long term financing for acceleration and improvement of operation productivity and capacity.
· Enthusiastic and experienced staffs will help you select appropriate financial solutions as well as complete loan procedures with the Bank. Bank officers will directly serve you if required.
· You have chances to participate in special financing programs with many preferences offered by VIB Bank in coordination with international organizations in order to support small and mediums enterprises.
· *Grace period: The period in which you only have to pay loan interest but not principal to the bank.
Terms of loan
· Medium term is from 12 to 60 months.
· Long term is 60 months upward
Collaterals
· Flexible collaterals: real estate (house, land, etc) , movables (goods, machines, equipment, etc)
· Collateral guaranteed by the third parties.
· You may use assets from borrowed capital as collaterals.
· Especially, Your loan can be guaranteed by domestic banks, international banks or large enterprises, subject to VIB Bank’s approval
Service usage instructions
Loan application documents:
· Loan application form
· Your legal documents: Establishment License, Business Registration Certificate, Appointment Decision of General Director, Business Regulations.
· Your financial documents: financial reports in the 2 latest years.
· Documents relating to the project of fixed asset purchase.
· Collateral documents
· Other documents required by VIB Bank if necessary.
Contact
For your further information, feel free to contact any VIB Bank’s branch at your most convenience, or call to our Call Center at (04) 9426919, (511) 3 652743, (08) 8242620
.