Special SME Loan Promotion

Are you having a great business idea plan or want to expand your business but lack of funds? Now SME business owners can apply for a loan up to "$300,000" with the long-term loan and lowest interest rate from Canadia Bank SME support loans.

Promotion Period:

17th May until to 31th August 2021

 

Terms and Conditions:

Interest rate per year:

·      Minimum 7.5 %

Loan Amount:

·      From USD 10,000 to USD 300,000

Currency:

·      USD/KHR

Facility Type:

·      Term Loan

Repayment Method

·       Monthly installment of principal (fix amount) and interest is calculated based on actual principal during the         period. (Installment)

·       Fixed monthly installment which comprise principal and interest (like mortgage loan).(Fixed Repayment)

·       Flexible repayment of principal, monthly interest payment based on actual principal during the period.         (Negotiation)

·       Monthly percentage of principal payment and monthly interest payment. Remaining principal payoff at the         end of loan term. (Percentage)

Loan Term

·      Up to 120 months

Bank Service Charge

·      1% of loan approval limit in up front

Collateral Types

·      Hard Title/Soft Title

Requirements

Salary-Based Customer

Personal Identification:

• National ID/Passport  (copied).

Address Identification:

• Family Book/Resident  Book (copied),

• Letter of current  address from local authority, and

• Map drawing by loan  officer.

Income Identification:

• Bank account  statement/pay slips for at least last 06 months period, and

• Valid employment  contract/staff ID card.

Collateral Documents:

• Ownership (title  deed), or

• Fixed Deposit  certificate (for cash secured).

 

Business Owner

Personal Identification:

• National ID/Passport  (copied).

Address Identification:

• Family Book/Resident  Book (copied),

• Letter of current  address from local authority, and

• Map drawing by loan  officer.

Business Identification:

• Business License*  (copied),

• Patent (copied), and

• Other documents (if  required).

Income Identification:

•  Contract/agreement/invoice for trade products or services for at least last 6  months

• Other unofficial  financial reports (if any).

Collateral Documents:

• Ownership (title  deed), or

• Fixed Deposit  certificate (for cash secured).

 

Company Customer

Personal Identification:

• National ID/Passport  of CFO/CEO and all authorized signatories (copied).

Address Identification:

• Map drawing by loan  officer.

Business Identification:

• Board of directors’  resolution on account opening and authorized signatories,

• Board of directors’  resolution on CFO or CEO appointment,

• Certificate of  incorporation,

• Business license*  (copied),

• Patent (copied), and

• Other documents (if  required).

Income Identification:

• Bank account  statement,

• Contract/agreement/invoice  for trade products or services for at least last 6 months

• Audited/unaudited  financial statements for at least last 06 months period.

Collateral Documents:

• Ownership (title  deed), or

• Fixed Deposit  certificate (for cash secured).

 

 

Important information

Terms and conditions are subject to change at the Bank's sole discretion without prior notice to customers. For more information, please visit your nearest Canadia Bank branch,or call our hotline at 023 868 222.

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