MB expands loan conditions based on actual financial capacity

Unlike mass credit products, the consumer loan package of the Military Commercial Joint Stock Bank (MB) is specifically designed for small traders, individual business households, and freelancers - who have a steady cash flow but cannot prove it with a salary or labor contract. Accordingly, MB expands loan conditions based on actual financial capacity: Business cash flow, purchase invoices, business household licenses or operating cost documents. From there, customers can easily access legitimate consumer loans with reasonable interest rates and a significantly simplified process.

The special feature of the loan package is the 24-month principal grace period, which is rare in current consumer loan products. During this time, borrowers only need to pay monthly interest, not principal, helping to optimize personal cash flow and have time to accumulate and reinvest to increase profits.

Flexible consumer loan solutions not only help individual businesses and individual entrepreneurs proactively access capital, but also contribute to creating conditions for them to develop and stabilize their finances.

THANH HONG

Source: https://baobinhduong.vn/mb-mo-rong-dieu-kien-vay-dua-tren-nang-luc-tai-chinh-thuc-te-a348864.html