Background
Credit Program for SMEs in the Automotive Transportation Business Sector
Credit Program for SMEs in the Automotive Transportation Business Sector
Credit Program for SMEs in the Automotive Transportation Business Sector

Credit Program for SMEs in the Automotive Transportation Business Sector

To support small and medium-sized enterprises (SMEs) in developing their automotive transportation businesses, VRB is implementing a credit program with preferential policies, contributing to optimizing capital resources and improving business efficiency.

Product information

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Target Customers
  • SMEs needing to purchase vehicles as fixed assets.
  • Tier 1 dealers of automobile brands needing financing for business operations.
Product Details
  • Competitive loan interest rates.
  • Loans to cover the capital used when purchasing vehicles within 6 months for businesses purchasing vehicles as fixed assets.
  • Enjoy priority benefits when registering for accompanying services of VRB.

Loan Conditions
  • No bad debts and/or restructured debts at VRB and/or other credit institutions in the last 24 months, except for restructured debts due to the impact of COVID-19
  • Possess sound financial capacity and an effective business plan
  • The customer must be a legal entity with at least 2 financial reporting periods and at least 1 year of actual operation
 
Loan Application Documents
  • Business legal documents
  • Documents proving financial capability Financial capacity
  • Documents proving the purpose of capital use
  • Documents proving collateral
Please contact VRB branches/transaction offices nationwide or the toll-free hotline 1800 6656 for more details.

Interest calculator

The figures are for reference purposes only.

VND
%
Loan term
First month payment amount:174.166.667VND
Interest rate:9%
Total interest paid:26.250.000VND
Total repayment amount:1.026.250.000VND

Apply for a loan

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Customer info
Loan information
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Credit Program for SMEs in the Automotive Transportation Business Sector