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EVN suppliers & contractors
EVN suppliers & contractors
A special package for businesses and contractors, suppliers for Vietnam Electricity Group and its affiliated units, member companies (EVN).
0% deposit
0% escrow rate for guarantee
Up to 70% credit
Mortgage of debt collection rights with credit granting rates up to 70%
High credit
Loan to value up to 85% regarding to real estate.
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Features
Customer
Corporate customers are main contractors and subcontractors of EVN
Condition
- Having contracts signed directly with EVN or main contractor of EVN
- Having confirmation from EVN/main contractor of EVN about agreeing to transfer payment from the output contract with EVN to customer's account opened at VIB;
- Meet other VIB regulations from time to time.
Loan to value
- Real estate: up to 85%
- Debt collection right: up to 70%
- Future debt claims: up to 60%
Tenor
- Limit term: maximum 12 months
- Term of guarantee: depend on sale contract
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