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, Future account income streams, Movable assets)
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 form (available at any TDB branch or download here)
Notarized copies of IDs (required for both the applicant and co-applicant).
Rental Agreement, Account Statements, and Inventory Balances.
Marriage certificate (or documents proving unmarried status)

For microbusiness owners:

Loan Application Forms:
Loan Application Form (available at any TDB branch or click here to download.)
Company Documentation:
State Registration Certificate
Company Charter
Financial Records:
Lease Agreements
Account Statements
Inventory Balances
Additional Documents:
Operating Permits, Licenses, and any other necessary documents.

FAQ

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