Bisiness loan

Values Loan terms & conditions Fees & Commisions Requirements Required documents

Loan types	laon amount	INTEREST RATE (annual)		TERM
Loan types	laon amount	MNT	USD	TERM
Working capital loan	Loan amount is determined based on business scope, and financial ability.	Nominal interest rate 20.40%-24.00% Effective interest rate 22.62%-27.11%	Nominal interest rate 13.20%-18.00% Effective interest rate 14.11%-19.72%	up to 30 months
Investment loan				up to 60 months
Business credit line				up to 24 months

Loan origination service fee	Application fee	Extending the term	Amendment to the other terms and conditions
0.50% (max 5,000,000 MNT or equivalent)	10,000 MNT	0.50% (max 5,000,000 MNT or equivalent)	100,000 MNT

Official letter requesting a loan;
Copy of company certificate;
Copy of company charter;
Special licenses and other documents related to the business operation;
Related contracts, projects and other information;
Reference letter from tax office;
Financial statement;
Documents related to the collateral (original copy);
Board of directors resolution approving the loan application and property to be pledged as collateral;
Other additional required documents;