TDB’s working capital loans are suitable for financing all kinds of working capital needs and short-term business expenses.
|
Amount |
Up to MNT 350.0 million |
Above MNT 350.0 million |
|
Monthly interest |
1.9% - 1.6% MNT |
Flexible depending on borrower’s risk rating |
|
Tenor |
36 months |
24 months |
|
Service fee |
0.15% (min 50,000 MNT) |
0.15% |
* Effective percentage rate /annual/: 19.31% - 22.91%
The Investment loan can accomplish following purposes: buying new techniques, equipments, upgrading equipments, build real estate, to renew real estate, to expand real estate.
|
Amount |
Up to MNT 350.0 million |
Above MNT 350.0 million |
|
Interest rate |
annual 22.80% - 19.20% |
Flexible depending on borrower’s risk rating |
|
Term |
Up to 60 months |
Up to 36 months |
|
Service fee |
0.15% (min 50,000 MNT) |
0.15% |
|
Other terms |
20-30 percent of the total budget must be financed or can be finance from its own resources. |
|
* Effective percentage rate /annual/: 19.27% - 22.87%
The businessman, you can use as fund when import all types of vehicle, machines and equipment as well as consumer goods from Korea, China, Taiwan, Russia, Japan, Europe and other countries.
|
Amount |
Depends on Trade agreement amount For import supporting loan of Taiwan, up to 100% percent of agreement amount |
|
Interest |
11.0%-13.0% (annually) |
|
Duration |
Until 2 years |
|
Fee |
0.15% |
|
Currency |
USD, EUR, CNY, JPY, RUB |
TDB’s equipment loans can be used to purchase all kinds of equipment (manufacturing equipment, heavy machinery, etc.)
|
Amount |
70% of the purchasing equipment price or min. MNT 50.0, or equivalent foreign currency |
|
|
Interest |
MNT |
1.5-1.9% (per month) |
|
USD |
1.2-1.7% (per month) |
|
|
Term |
Up to 48 months (will be determined from the advance payment amount) |
|
|
Fees |
0.15% |
|
|
Collateral |
Purchasing equipment (additional collateral will be pledged if necessary) |
|
|
Insurance |
Purchasing equipment must be insured |
|
At the moment, if you are not interested to sell your physical gold and keep it in a safe way as well as you can use it for working capital and provide a variety of your own financial needs.
|
Loan amount |
|
|
Gold price |
Will be calculated by exchange rate of TDB at the moment. |
|
Stop loss rate of the gold |
Minimum gold price, which is agreed by the borrower to sell the pledged gold. |
|
Fees and commission |
0.15 percent of the loan amount |
|
Collateral |
Physical gold |
You are able use this service in order to find a solution in a short time for all type of your financial demand.
|
Amount |
Up to 500,000,000.0 (five hundred million) MNT (depends on transactions through current account) |
|
Interest rate |
Monthly interest rate of business loan + 0,2% (per month) |
|
Duration to use the right |
Up to 6 months |
|
Refundable duration |
1 month (Duration to refund to overdraft bank balance from client) |
|
Commission |
0.3 percentage (1 time) |
|
Pledge |
Current account income (additional pledge is required if necessary) |
This loan is for small and medium-sized enterprises (SME) with lack of collateral to expand their businesses and start new projects. Moreover, you can buy assets, equipment, and finance current assets.
You can get a loan at lower interest rate than regular loan for business that guaranteed by Credit Guarantee Fund from all our branches.
|
Borrower
|
Small and medium-sized enterprises (SME)
|
|
Loan amount
|
Until MNT 1 billion
|
|
Interest rate
|
12%-15% per annum
|
|
Tenor
|
Up to 10 years
|
|
Grace period
|
Up to 2 years
|
|
Service fee
|
0.15%
|
|
Amount of guarantee
|
30%-60% of total loan amount
|
|
Guarantee commission of Credit guarantee fund
|
50,000 MNT
|
|
Guarantee fee of Credit guarantee fund
|
1% of total guaranteed amount every year
|
For legal entities:
For individuals:
The main purposes of the two step project loan are the expansion of existing businesses and the development of new projects by building, purchasing, and renovating an industrial and service purpose property and buying equipments, furnitures, and tools.
|
Amount |
Up to USD 400,000.00 or an equal amount of MNT |
|
|
*Interest (Varies semi-annually) |
MNT |
8.0% per annum |
|
USD |
6,05 % per annum |
|
|
Tenor |
Up to 10 years |
|
|
Assessment fee |
0.15% (to be taken once from approved amount) |
|
|
Requirements for the borrower |
To be a private-dominated or domestic-dominated enterprise registered in Mongolia
|
|
|
Requirements for the project |
1. At least 20% of the project cost should be financed by the borrower’s own fund 2. No negative impacts on environment 3. Working capital finance should not be more than 20% of the total project finance. |
|
*Interest rate as of the second half of 2015
The main purpose of this project loan is to finance working capital and investment financial needs of the project implementer in order to exclusively improve the enterprise’s value-added chain (herders, supply chain, manufacturing, marketing, domestic and foreign trade, branding and management system of the company).
|
Amount |
USD 150,000.0-3,000,000.0 or an equal amount of MNT |
|
|
Interest rate |
MNT |
Up to 8% per annum |
|
USD |
Up to 7% per annum |
|
|
Tenor |
3-7 years |
|
|
Assessment fee |
0.15% (to be taken once from approved amount) |
|
|
Requirements for the borrower |
|
|
|
Requirements for the project |
|
|
This project loan is dedicated to invest exported and substituting imported products as well as finance industrial equipment, fixed assets, and working capital of your manufacturing enterprises.
|
Amount |
Up to EUR 250,000.0 or an equal amount of MNT |
|
|
Interest rate |
MNT |
16.0 - 18.0% per annum |
|
EUR |
7.25 - 10.0% per annum |
|
|
Tenor |
Up to 5 years |
|
|
Assessment fee |
0.15% |
|
|
Requirements for the borrower |
To be a private-dominated enterprise registered in Mongolia |
|
|
Requirements for the project |
To be an industrial-oriented project of exported or substituting imported products |
|
This project loan is especially designated to support and expand existing businesses of small and medium enterprises and allow them to implement new projects. The loan could be disbursed for following investments:
Certain part of the loan can be used for financing the working capital of the business.
|
Amount |
According to the amount approved by the project selection committee |
|
Interest rate (MNT) |
7.0% per annum |
|
Tenor |
Up to 5 years |
|
Assessment fee |
No |
|
Requirement for the borrower |
|
With this loan, it is possible for you to fully or partially purchase an industrial, trade, office or service-purposed building; finance an uncompleted building; construct a new building as well as expand or renovate a building.
|
Amount |
Up to 70% of total valuation of purchasing immovable property |
|
|
Term |
Up to 180 months |
|
|
Interest rate** (MNT) |
||
|
Downpayment |
30%-50% |
annual 19.20% (monthly 1.60%) |
|
More than 50% |
annual 18.00% (monthly 1.50%) |
|
|
Grace period |
1-12 months depending on the loan purpose |
|
|
Service fee |
0.1% (min 50,000 MNT; max 500,000 MNT) |
|
|
Insurance |
Purchasing building and constructed building financed by this loan must be insured |
|
* Effective percentage rate /annual/: 18.06% - 19.26%
|
|
Loan |
Credit line |
|
Loan Amount |
Up to 90% of invoice |
Highest amount of invoice executed in the last year |
|
Interest rate |
Monthly 1.4% - 1.2% /MNT/ |
|
|
Commitment fee: |
||
|
Loan tenor |
Up to 75 days |
Up to 12 months |
|
Collateral |
The receivable |
|
|
Additional collateral |
Moveable Collateral + Fixed Collateral + Letter of Guarantee |
|
|
Service fee |
Up to 350 million MNT - 0.15% (min 50 000,00 MNT) |
|
|
Above 350 million MNT - 0.15% |
||
|
|
Loan |
Credit line |
|
Loan amount |
Up to 90% of invoice |
Highest amount of invoice executed in the last year |
|
Interest rate |
Monthly 1.4% - 1.1% /MNT/ |
|
|
Commitment fee: |
||
|
Loan tenor |
Up to 75 days |
Up to 12 months |
|
Collateral |
The receivable |
|
|
Additional collateral |
Fixed collateral + Moveable collateral + Letter of Guarantee |
|
|
Service fee |
Up to 350 million MNT - 0.15% (min 50 000.00 MNT) |
|
|
Above 350 million MNT - 0.15% |
||
*Subcontractors who qualified under these conditions may to be involved.
