This loan method requires customers to submit a loan application each time they need additional business funding. Customers may withdraw funds once or multiple times depending on payment needs. For each disbursement, the customer and MSB will agree on the loan amount, interest rate, and repayment schedule through a debt acknowledgment agreement. The maturity date […]
Refers to short-term, non-recurring, or seasonal funding needs, for example, additional capital for business operations during peak periods such as year-end or the Lunar New Year season.
Yes. For investment needs in fixed assets, factories, machinery, and equipment, MSB provides long-term business loans with tenors of up to 120 months. For short-term or occasional working capital needs, MSB offers short-term business loan packages.
MSB does not require a business registration certificate if the customer’s business activities are not legally required to register for a business license. If the customer’s business is legally required to register but has not yet obtained a business registration certificate and/or relevant operating licenses, the customer must provide at least one of the following […]
Customers may use the following assets as collateral for the loan: valuable papers, savings books, deposit balances, real estate, or transport vehicles.
Loan repayment refers to the principal and interest amounts that the customer must pay for the loan.
Customers may borrow up to 70% of the vehicle value based on MSB’s appraisal.
Customers must reside in the same province/city where the MSB branch/transaction office receives the loan application, or in a neighboring province/city within 30 km of the branch/transaction office.
The vehicle usage period is calculated from the date of the first vehicle registration to the date of loan application, rounded to full years.
Interest is paid monthly based on the outstanding balance. Principal repayment may be equal or flexible, depending on the customer’s income source.