SPECIAL CREDIT PROGRAM FOR SMEs IN THE FIELD OF AUTOMOBILE TRANSPORT BUSINESS

In order to meet the needs of buying cars as a fixed asset, serving the production and business purposes of SMEs, and the business financing needs of Level 1 dealers of automobile manufacturers, Vietnam - Russia Joint Venture Bank (VRB) officially launched a credit program in the field of automobile transport business with many outstanding benefits.

* Program Features
- Type of loan: VND;
- Loan term: Up to 72 months;
- Loan level: Up to 100% of the purchased car value (In which the loan ratio secured by assets formed from the loan does not exceed 80% of the value of the purchased car);
- Collateral: Car, Real estate or other property;
- Lending method: Lending in installments or borrowing according to the credit line;
- Debt collection method: Principal and interest paid monthly.

* Special benefits
- Attractive loan interest rates;
- Borrowing to offset the used capital when buying a car within 6 months for enterprises buying cars as fixed assets;
- Many incentives and priority benefits when using VRB's accompanying services.

* Lending condition
- Being a legal entity with at least 01 year of actual operation and 02 or more financial reporting periods;
- Having healthy financial capacity, effective production and business plans;
- Meet other credit granting conditions of VRB and the law.

* Loan profile
- Legal documents of enterprises;
- Documents proving financial ability;
- Documents proving the purpose of using capital;
- Records of collateral assets.

For more information, please contact the nearest VRB Branch/Transaction Office (details here) or Hotline (free) 1800 6656.