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

  1. (3) License Photo (Within 6 month)
  2. Copy of National ID
  3. Household Registration
  4. A copy of a valid business license
  5. Actual Living in ward Recommendation and actual operation in Zone
  6. Receipts of revenue tax for the last 3 years
  7. Financial statements for the last 3 years
  8. Collateral (land & building)
  9. Grant, map and history of property (From 105/106)
  10. Insurance Property affidavit
  11. Documents concerning the ownership of properties
  12. Business Photo (Front/Back/Left & Right)
  13. Business Proposal
  14. BOD meeting minutes to get loan from bank
  15. Insurance submitted a list of items / values