Contract-Backed Loan

Loan condition

Contract-Backed Loan
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

Two years of tendering experience
Tender success
A contract for the supply of goods with the customer
The goods must have been supplied once before under the goods supply contract
Other requirements from TDB.

Required document

Official Loan Request
Business Activity Presentation
Certificate and Rules of State Registration of a Legal Entity /Original Copy or Notarization/
Decision of the Board Members on lending, and foreclosure / Decisions are made by the shareholders when the board members are in absence/
Brief application form of authorized person, citizenship certificate /original or notarized/
Financial statements and other income and expenditure statements for the previous 3 years
reviewed by the auditing agency or the relevant tax office
Proof of Valid Contracts
Other required documents

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