This loan is for wholesale and retail traders, TDBank’s POS, TDB pay merchant individuals and business entities with no requirements of fixed collateral.
By having this loan, you can increase working capital by extending your business operations.
TDB’s working capital loans are suitable for financing all kinds of working capital needs and short-term business expenses.
Amount | Up to MNT 350 million | |
Interest rate MNT |
annual 16.2% - 22.2% monthly 1.35% - 1.85% |
|
Term | 36 months | |
Service fee |
0.5% (min 50 000 MNT) |
Amount | Up to MNT 350.0 million | Above MNT 350.0 million | |
Interest rate MNT |
annual 16.2% - 22.2% |
Flexible depending on borrower’s risk rating | |
Term | 60 months | ||
Service fee | 0.5% | ||
Other terms | 20-30 percent of the total budget must be financed or can be finance from its own resources. |
* Effective percentage rate /annual/:16.92%-22.93%
This loan is for small and medium-sized enterprises (SME) with lack of collateral to expand their businesses and start new projects. Moreover, you can buy assets, equipment, and finance current assets.
Type |
Trade, development bank POS, TDB Pay merchant |
Wholesale and retail traders |
||
Amount |
Up to MNT 100 million |
Up to MNT 50 million |
||
Interest rate* (MNT) |
Annual 17.0% - 20.0% |
Annual 19.2% - 22.8% |
||
Up to 6 months |
Up to 7-12 months |
Up to 13-24 months |
||
20.4% |
21.6% |
22.8% |
||
Term |
Up to 24 months |
|||
Collateral |
Product materials, account surplus, guarantee, movable property |
|||
Service fee |
0.5 % (min 50 000 MNT) |
You can get a loan at lower interest rate than regular loan for business that guaranteed by Credit Guarantee Fund from all our branches.
Type |
Trade, development bank POS, TDB Pay merchant |
Wholesale and retail traders |
Requirements |
Maintained sustainable operation for the past one year Received regular income over the past 6 months through Trade, development bank POS, and TDB Pay merchant |
Maintained sustainable operation for the past one year Be the principal landlord or owner of major marketplaces |
Borrower
|
Small and medium-sized enterprises (SME)
|
Loan amount
|
Until MNT 1 billion
|
Interest rate
|
12%-15% per annum
|
Tenor
|
Up to 10 years
|
Grace period
|
Up to 2 years
|
Service fee
|
0.3% (min 50 000 MNT) |
Amount of guarantee
|
30%-60% of total loan amount
|
Guarantee commission of Credit guarantee fund
|
50,000 MNT
|
Guarantee fee of Credit guarantee fund
|
1% of total guaranteed amount every year
|
For citizens: | For entities: | |
1. Loan application (From the banking sector or click HERE to download.) |
1. Loan application (From the banking sector or click HERE to download.) |
For legal entities:
For individuals:
For legal entities: State registration document
|
For individuals::
|
For legal entities: State registration document
|
For individuals::
|