Contract-Backed Loan

Loan condition

Terms and Conditions
Loan amount	Up to MNT 1 billion, or up to 80% of the income defined in the contract
Loan interest (MNT)	Annual 19.2%-22.8%, Monthly 1.6%-1.9%
Loan term	Up to 12 months, not exceeding the contract term
Service fee	0.5%

Requirement

Tendering Experience: Minimum of two years.
Tender Success: Proven record of successful tenders.
Supply Contract: Valid contract for the supply of goods with the customer.
Previous Supply Record: Goods must have been supplied at least once under the current supply contract.
Additional Criteria: Must meet other requirements specified by TDB.

Required document

Official Loan Request: A formal letter requesting the loan.
Business Activity Presentation: Detailed presentation of the business operations.
State Registration Certificate and Rules:
o Original copy or notarized version of the certificate and regulations of legal entity registration.
Board Decision:
o Decision by the Board of Directors on lending and foreclosure.
o If no Board exists, the shareholders' decision is required.
Authorized Person Documents:
o Brief application form for the authorized person.
o Citizenship certificate (original or notarized).
Financial Statements:
o Income and expenditure statements for the previous three years.
o Reviewed by an auditing agency or the relevant tax office.
Proof of Valid Contracts: Documentation of active business contracts.
Additional Requirements: Any other documents requested by the bank.