Oyu Tolgoi Supplier Loan
Partnering with Oyu Tolgoi LLC? Secure a loan today by using your supply contract as collateral. Apply now and unlock your business potential!
MNT
USD
Terms and Conditions | ||||
|---|---|---|---|---|
| Invoice Financing Loan | Invoice-Based Credit Rights | ||
| Loan amount | Up to 90% of invoice amount | Credit limit set based on the highest invoice amount completed within the past year | ||
| Loan term | Up to 75 days | 24 months | ||
| Currency | MNT | USD | MNT | USD |
| Loan interest /annual/ | 13.8% - 17.0% | 9.6% - 12.0% | 13.8% - 17.0% | 9.6%-12.0% |
Commitment fee: Annually 0.0% | ||||
| Loan service fees | No fee | |||
| Collateral | Oyu Tolgoi LLC invoice receivables | |||
Terms and Conditions | ||||
|---|---|---|---|---|
| Guaranteed Invoice Secured Loan | Secured Invoice Credit Rights | ||
| Loan amount | Up to 90% of invoice amount | Credit limit set based on the highest invoice amount completed within the past year | ||
| Loan term | Up to 75 days | 24 months | ||
| Currency | MNT | USD | MNT | USD |
| Loan interest /annual/ | 9.6% - 12% | |||
| Loan service fees | No fee | |||
| Collateral | Oyu Tolgoi LLC invoice receivables | |||
1. Legal Registration: Must be a legal entity registered in Mongolia.
2. Supplier Status: Must be a supplier of Oyu Tolgoi LLC.
3. Business Stability: At least 1 year of stable business operations and financial solvency.
4. Operating Permits: Must possess valid operating permits and licenses issued by relevant authorities, along with legal compliance documentation.
5. Credit History: No overdue or non-performing loans with banks or non-banking financial institutions.
6. Banking Relationship:
o Must have a current account with TDB.
o Must have an agreement to receive contract revenue through this account.
o Contracts and invoices with payment contractors must specify that account receivables are payable to the TDB account.
7. Additional Criteria: Must meet other requirements set by TDB.