Business Revolving Loan
Business Revolving Loan is such a convenient loan facility with the available credit line up to 12 months. This loan purpose is to support business working capital in a short run, and it provides the borrower with the ability to drawdown, repay, and withdraw again within the loan period. This Revolving Loan is considered as a flexible financing tool due to its repayment and re-borrowing accommodations.
Features & Benefits:
- Negotiable and competitive interest rate
- Up to 70% of the property value
- Simple conditions and fast approval
- Available in US Dollar or Khmer Riel
Requirements
- National ID Card / Passport
- Family book / Residence Book
- Potential business and stable profitability
- Collateral property with Hard Title Deed is required
- Certificate of Incorporation, Patent, and VAT
- Financial Statement
- 6 to 12 months Bank Statement, and/or other relevant documents
Conditions
- Individual and joint applicants
- Age of applicants must be between 18 to 65 years
- 1% processing fee / renewal fee