Construction Financing
DongA Bank's Construction financing
product will help enterprises to solve difficulties in
terms of capital. With
attractive loan rate up to 95% of documents used for capital and
quick approval time, this product will help corporate with capital
funding fast and timely for construction works.
1. Introduction Construction financing is short term loan, meeting demand of
capital for corporate for construction works.2. Benefits
- Timely meeting the demand of capital for
construction works.
- Be financed without collaterals basing on
receivables of project owners.
- Reasonable interest rate.
- Simple loan procedures, with fast documents
handling
3. Eligible customers Corporate are operating in Vietnam. 4. Characteristics
- Currency: VND or foreign currency.
- Loan period: 12 months at maximum
- Disbursement: According to work progress.
- Loan interest: According to regulations by DongA Bank in each period
- Collaterals: According to regulations by DongA Bank
5. Product features
- Legal purpose of loan use
- Having financial ability , ensuring for debt
payment in committed term
- Having feasible and effective construction
method
- Having construction and building contract
- Payment source of project owners
should be
transferred via accounts of corporate opened at DAB
6. Documents
- Loan application form (according to form,
download form)
- Business plan
- Legal documents (Business registration certificate, corporate regulations
etc)
- Financial statement in 03 latest years (if any)
- Documents for proving of loan use purpose
- Copy of documents for collaterals
- Other documents as required by the bank.
7. Contacts:
For enquiries or further instructions, please contact:
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