Investment loan is a mid-term loan for land and building purchases and equipment upgrades for business expansion and new business line.
Terms and conditions
maximum loan amount
currency
loan period
interest*
fee
application fee
monthly
annual
Depends on business scope
MNT
Up to 84 months
1.5%-2.1%
18.0%-25.2%
0.4%-1.0%
15,000-50,000 MNT
USD
1.0%- 1.6%
12.0%-19.2%
0.5% of loan amount
Requirements
No overdue loans at any other commercial bank or financial institution, no history of non-performing loans for the last 3 years;
Continuous business operation for the last 2 years;
Normal flow of business operation;
Collateral as immovable properties;
Special operating license granted from government agency for operating business and valid until the end of loan maturity date. A special license shall be extendable;
Required documents
Official note for requesting a loan;
Company and business presentation;
State registration certificate of incorporation, company charter, Founding agreement;
Financial statements (last 3 years of data, quarterly statements);
Operating license of business, patent;
Contract and agreement for operation to be financed with loan;
Collateral documentations;
Business analysis and research undertaken for business features and characteristics;
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