What is a credit line-based business loan?

Under this method, MSB approves a credit limit that customers can use for up to 12 months. Depending on actual funding needs, customers may withdraw funds multiple times within the approved limit. For each withdrawal, the customer and MSB will agree on the loan amount, interest rate, and repayment schedule through a debt acknowledgment agreement.

This method is suitable for regular working capital needs.

Example: Mr. Nguyen Van A, owner of ABC Garment Co., Ltd., is approved by MSB for a credit limit business loan with the following details:

• Loan limit: VND 500,000,000.
• Loan tenure: 12 months.
• Loan purpose: Supplementing regular working capital.

Based on payment documents submitted to MSB, funds are disbursed as follows:

• Disbursement 1: VND 200,000,000 – tenor 3 months (07/03/2022 – 07/06/2022).
• Disbursement 2: VND 200,000,000 – tenor 6 months (10/03/2022 – 10/09/2022).
• Disbursement 3: VND 300,000,000 – tenor 3 months (07/06/2022 – 07/09/2022).
• Disbursement 4: VND 600,000,000 – tenor 3 months (10/09/2022 – 10/12/2022).

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