SME business loans for SME transitioning

Z7_514612K01PQ4206NLF027ANUA2

ATM & Branches

Z7_514612K01PQ4206NLF027ANUA3

Meeting customer demand

Fulfills the financing needs of household businesses/individual businesses transitioning to an enterprise, in line with current market trends

Simple procedures

Minimal documentation requirements with a fast loan approval process

Attractive interest rate

Competitive rates compared to the market

Z7_514612K01PQ4206NLF027ANUQ0

Feature

Target customer

Newly established corporate customers transitioning from household businesses/individual businesses with prior production and business activities

Conditions

Establishment date:
- For transitioned enterprises: From 01 month
- For transitioning household/individual businesses: From 12 months
The enterprise has issued VAT invoices
The business industry of the transitioned enterprise is the same as that of the prior household/individual business
Feasible business plan
Collateral: Real estate, or valuable papers issued by VIB

Loan to value

Up to 100% of customer demand

Collateral

Maximum loan amount

Maximum 20 bio VND

Tenor

Maximum 24 months

Documents

Legal documents: Documents of the enterprise and the transitioning household/individual business
Financial documents: VAT declarations and VAT invoices of the enterprise; bank account statements of the household business owner
Collateral documents

Z7_514612K01PQ4206NLF027ANUQ2

Z7_514612K01PQ4206NLF027ANU63

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Business loan for enterprises transitioning | VIB