Micro business loan

Service condition

Micro business loan
Loan Amount	Up to MNT 50.0 million
Loan Interest	19.2%-22.8%
	Up to 6 months	7-12 months	Up to 13-24 months
	20.4%	21.6%	22.8%
Loan Term	Up to 24 months
Collateral	Up to MNT 50.0 million (Inventory, Account Income, Movable Property)
Loan Service Fees	0.5% (min 50 000 MNT)

Requirement

Must have been in stable operation over the past year.
Must be classified as a microbusiness.

Required document

For individuals :

Loan application (available at TDB branch or download here)
Notarized copy of ID (required for both applicant and co-applicant)
Rental Agreement, Account Statements, and Inventory Balances
Marriage certificate (or unmarried status document)

For Companies :

Loan applicant (available at TDB branch or download here)
State registration certificate
Company charter
Rental Agreement, Account Statements, and Inventory Balances
Other required documents (operating permits, licences, etc)

FAQ

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