Page: Commercial Loan
Commercial Loan
It is a type of loan that provides financial support to get the necessary capital to grow the business.
Terms:
- Interest rate: (9%)
- Banking Fee: (1%) for one year
- Loan Term: The loan term is 1 year
REQUIREMENT DOCUMENTS FOR OPENING ACCOUNT
- (3) License Photo (Within 6 month)
- Copy of National ID
- Household Registration
- A copy of a valid business license
- Actual Living in ward Recommendation and actual operation in Zone
- Receipts of revenue tax for the last 3 years
- Financial statements for the last 3 years
- Collateral (land & building)
- Grant, map and history of property (From 105/106)
- Insurance Property affidavit
- Documents concerning the ownership of properties
- Business Photo (Front/Back/Left & Right)
- Business Proposal
- BOD meeting minutes to get loan from bank
- Insurance submitted a list of items / values
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