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Benefits
Up to 90% credit
Credit up to 90% of real estate valuation value
Accept collateral
Accept special collateral such as gas stations, tank trucks, tank cars, specialized vehicles with a high loan to value ratio
Hight support time
The tenor is up to 60 months (include12-month grace period) when investing in construction and installation of gas stations
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Features
Customer
Corporate customers who are distributors in gasoline.
Condition
- Having a certificate, license or equivalent document proving that the customer meets the conditions for distributing fuel
- Having valid contract for distribution, purchase and sale of petroleum with a term of at least 12 months.
- Meet other VIB regulations from time to time.
Loan to value
- Real estate: up to 90%
- Gasoline and petrol pump equipment: up to 70%
- Special vehicles for fuel business purposes: up to 50%
Tenor
- Limit term: maximum 12 months.
- Duration for each dibursement: up to 04 months
- Term of guarantee: maximum 12 months
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