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Fixed Asset Loan

Introduction

It refers to that the bank gives the loan which is used for the fixed asset investment as required by the customers. The fixed asset investment activities include warehouse, office, factory, shop, purchase or construction. It also include equipment purchase etc. The tenor generally includes medium term (one to five years) and long term (up to 10 years), it mostly adopts amortization and floating interest rate.

Features

Tenor is usually long. Once the loan is drawdown, the balance would decrease by monthly, quarterly or semi-annually installment. So that the borrower shall not bear much pressure.

Eligible Applicants

Applicable to all business entities registered in Cambodia including sole proprietors, partnerships, private limited companies and public companies.

Documents Required

1) Application form for Banking Facilities (can be obtained from the Bank)

2) Company and Business Profile

3) Certificate of Incorporation (if any)

4) Memorandum and Articles of Association, Directors' Resolution

5) Past 3 years audited financial reports and latest financial reports

6) Detailed information on mortgaged assets and/or guarantors

7) Other relevant documents that may be required by the Bank from time to time

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