Receivable Secured Loan
Boost your cash flow today! Secure financing for your short-term working capital needs using your receivables.
MNT
USD
Receivables Secured Loan | ||
|---|---|---|
Loan | Credit line | |
| Loan Amount | Up to 90% of the invoice amount | The credit line limit is determined by the highest invoice amount processed in the past year. A valid contract for the supply of products and services is required. |
| Interest rate | 1.60% - 1.90% per month | |
(Unused balance interest) : Per annum 1.0% - 3.0% | ||
| Term | Up to 75 days | Up to 12 months |
| Main collateral | Accounts receivable | |
| Additional collateral | Movable asset + Immovable assets + Guarantee | |
| Loan service fee | Up to MNT 350 million - 0.5% | |
Receivables Secured Loan | ||
|---|---|---|
Loan | Credit line | |
| Loan Amount | Up to 90% of the invoice amount | The credit line limit is determined by the highest invoice amount processed in the past year. A valid contract for the supply of products and services is required. |
| Interest rate | 0.8% - 1.0% per month | |
(Unused balance interest) : Per annum 1.0% - 3.0% | ||
| Term | Up to 75 days | Up to 12 months |
| Main collateral | Accounts receivable | |
| Additional collateral | Movable asset + Immovable assets + Guarantee | |
| Loan service fee | Up to MNT 350 million - 0.5% | |
- Legal Registration: Must be a legal entity registered in Mongolia with all legally compliant documentation.
- Business Stability: At least 1 year of stable operations and financial solvency.
- Credit History: No overdue or non-performing loans or interest debts with other banks or non-bank financial institutions.
- Banking Relationship:
Must have a current account with TDB.
Must have an agreement to receive contract revenue through this account.
Contracts and invoices with payment contractors must specify that account receivables are payable to the TDB account. - Additional Criteria: Must meet other requirements set by TDB.
Гадаад паспорт (Шаардлагатай тохиолдолд гадаад паспорт болон Монгол улсад оршин суух үнэмлэх)
Гадаад паспорт (Шаардлагатай тохиолдолд гадаад паспорт болон Монгол улсад оршин суух үнэмлэх)
Гадаад паспорт (Шаардлагатай тохиолдолд гадаад паспорт болон Монгол улсад оршин суух үнэмлэх)
Recommendations
Credit and credit line products for suppliers of Oyu Tolgoi LLC.
It is a loan to be paid on future income that is regulated by a supply contract between a government orgazination or private entity and the borrower.
A product that allows buyers (borrowers) to conduct online transfers to suppliers' account for goods and services payment, using a supply chain credit line limit provided by the bank.
We offer "Pos Income Collateralized Loans" for business owners who use POS devices without requiring additional collateral.