Loan Purpose

Term loan to support the investment or expansion of MSMEs’ businesses as a form of funding to support working capital assets, fixed assets and operating expenses.

Benefit

• Facility detail including repayment method can be decided to align with nature of the business or align with actual requirement of the business operation, which would help the business to manage cash flow or liquidity position effectively.
•  Basic loan/credit facilities that we can provide to support the business customers are Term Loan, Over Draft (OD), Revolving, Letter of Credit (LC) and Bank Guarantee (BG).

Currency Lending

LAK, THB, USD (depending on currency of borrowers’ income)

Tenor

Up to 7 years (subject to purpose of the loan and identified key risk)

Interest

• 10% p.a for USD and THB
• 11% p.a for LAK

Fees

Approval Fee: 1% of the loan limit

Required Document

1) Loan Application form
2) Support Purpose of the loan
 Loan Utilization Plan
 Business Plan (if any)
3) Business Document
 Business Registration Certificate and related license for the proposed business (if any)
 Tax Payment Certificate of latest period
4) Identity Document of borrower or repetitive and guarantor (if any)
 ID Card [copy]
 Household Registration Book [copy]
 Passport
5) Financial Documents:
 Bank Statement
 Financial Report (if any)
6) Collateral
 Land Title Deed of the collateral [copy]
 A Power of Attorney Letter (Copy), which is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. For example, the person authorizing the other to use land(s) as collateral
7) Other relevant document required by the bank

Specific conditions

N/A