Large Business Loan
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Large Loan
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Loan Size
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More than USD$300,000
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Interest Rate
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12% ~ 13% p.a. (Negotiable)
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Types of Repayment
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Bullet or Installment (Monthly Base)
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Tenor
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Max. 10 Years (Negotiable)
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Collateral
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Property (Hard Titles)
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Margin of Advance / Loan to Value
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Max. 70%
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Processing Fee
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1%
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Lawyer's Fee
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Yes
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Insurance Coverage (If no insurance for Vacant Land)
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Yes
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Early / Advanced Loan Repayment
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Negotiable (or Waived)
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Remarks
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Installment is strongly encouraged to apply
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Borrower's Main Eligibility Requirement
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- Being the majors (Age 20 – 50 years old)
- Having good history, reputation and attitude
- Permanent resident of the city or province
- Stable employment or self employment
- Regular and adequate income
- Debt Service Ratio ≥ 1.5 times
- Collateral
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Document Requirement for Individual Loan Processing
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- National ID Card / Passport of Borrower and/or Guarantor
- Copies of family / Residential Book
- Employment contract
- Last 6 months of salary slips
- Employer’s Reference Letter on monthly salary / Income
- Statement of Income and Expense (last 12 months)
- Loan account and agreement, if any
- Bank account statement for the past 12 months (Saving and/or Current)
- Certificate of Loan Balance and Repayment History – Form provided by bank
- Customer’s Liabilities Status – Form provided by CHIEF bank
- Photostat of tiltle deeds of property(ies) to be mortgaged
- Sale and Purchase Agreement of the property(ies)
- Valuation Report of the property(ies)
- Biography of borrowers, If any
- List of property (ies) owned together with tittle deed or letter of ownership
- List of property (ies) rental together with lease agreement
- Others, if any
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Document Requirement for Corporate Loan Processing
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- National ID Card/Passport of Borrower (CEO or Representative) and/or Guarantor
- Business License, Business Patent or Certificate of Company Registration
- Memorandum or Articles of Association (M&A)
- Financial Statements (Audited if Available) for at least three (3) years and/or Consolidated Financial Statements (if Group holding Company)
- Company Survey & Business Project Planning – Form provide by bank
- Customer’s Liabilities Status – Form provided by bank
- Bank account statement for the latest six (12) months
- Loan account statement and loan agreement with other banks (if any)
- Projected Financial Statement for three (3) years
- Cash Flow Projection Report
- List of stock value, If any
- Photostat of title deeds of property(ies) to be mortgaged
- Sale and Purchase Agreement of the property(ies)
- Valuation Report of the property(ies) (Please bring along original documents forsighting and verification)
- Corporate’s organization chat, i.e. Each Entity and Shareholding Percentage
- History of Company
- Profiles of Key Managers and Director, if applicable
- Working paper/Feasibility study of project in hand (copy of the current contract)
- List of property(ies) owned together with title deeds or letter of ownerships
- List of property(ies) rental together with lease agreements
- Copies of Key Contracts, if any
- Account Receivable Report / Amount
- Account Payable Report / Amount
- Annual Report, if any
For more information, please contact our bank experts at
Phone: 855-23-900878
Email: info@chiefbank.com.kh
* Terms & Conditions Applied.
* The bank reserves the right to change the above information without prior notice.
