MSME Loan
Micro, Small, and Medium Enterprise “MSME” is a type of individual term loan that Phillip Bank provides to an individual customer for the following purposes:
- Personal Investment
- Agriculture (agricultural machinery and agricultural production)
- Working Capital (loan to business and/or retailer)
- Construction (loan to support investment and/or construction)
- Asset Financing (loan to business either to start a new business or for business expansion)
- Business expansion / diversification
- Refinancing
Eligibility Criteria:
- Between 21 and 65 years old.
- A profile with no criminal record
- Running a legal, harmless business (not an environmentally or socially damaging business).
- Positive information at the Credit Bureau of Cambodia.
Tab 1 Content
Legal Document:
- Certified copies of patent (if applicable)
- Latest Business Registration Certificate (BRC) (if applicable)
- Certificate of incorporation or AoA (if applicable)
- Value Added Tax (VAT) (if applicable)
- National ID or Passport
Business & Income Proof
- Agreements / contracts supporting business income (if applicable)
- Confirmation on any debt from other banks (if applicable)
- 6-month bank statements (if applicable)
- Latest salary payroll slips or company letter confirming job title (if applicable)
- Collateral evaluation report (if applicable)
Other Requirements:
- Real estate property document (Soft or Hard Title)
- A cash deposit (Savings Account/ Current Account/ Term Deposit Account within the Bank)
Tab 2 Content
| Loan Amount | > USD 70,000 – USD 200,000 or > KHR 280 million - KHR 800 million |
| Annual Interest Rate | 10% and above |
| Tenor (Year) | 02 - 10 |
| Repayment Method | Flexible Repayment Options |
| Principal Grace Period | Up to 12 Months |
