What are lending requirements of trực tiếp bóng đá euro hôm nay Small and Medium Enterprise Development Fund from 10/6/2024 in Vietnam?

What are lending requirements of trực tiếp bóng đá euro hôm nay Small and Medium Enterprise Development Fund from 10/6/2024 in Vietnam?

Pursuant to Article 16 of trực tiếp bóng đá euro hôm nay Decree 39/2019/ND-CP (amended by Clause 9 Article 1 of trực tiếp bóng đá euro hôm nay Decree 45/2024/ND-CP) stipulating lending requirements of trực tiếp bóng đá euro hôm nay Small and Medium Enterprise Development Fund:

Small and medium enterprises running innovative startups shall be entitled to loans granted by trực tiếp bóng đá euro hôm nay Fund provided that they meet trực tiếp bóng đá euro hôm nay following requirements:

- Meet criteria for small and medium-sized startup enterprises as prescribed in trực tiếp bóng đá euro hôm nay Law on assistance for small and medium-sized enterprises and its guiding documents;

- Have feasible business projects or plans which must satisfy criteria for small and medium-sized startup enterprises;

- Ensure trực tiếp bóng đá euro hôm nay equity participation in a production and business project or plan makes up at least 20% of trực tiếp bóng đá euro hôm nay total investment capital to implement that production and business project or plan, and ensure sufficient capital for implementation of a production and business project or plan;

- Meet regulations on loan guarantee.

Small and medium enterprises participating in inter-sectoral complexes shall be entitled to loans extended by trực tiếp bóng đá euro hôm nay Fund when meeting trực tiếp bóng đá euro hôm nay following requirements:

- Participate in sectoral complexes;

- Have feasible business projects or plans in sectors or fields of sectoral complexes;

- Ensure trực tiếp bóng đá euro hôm nay equity participation in a production and business project or plan makes up at least 20% of trực tiếp bóng đá euro hôm nay total investment capital to implement that production and business project or plan, and ensure sufficient capital for implementation of a production and business project or plan;

- Meet regulations on loan guarantee.

Small and medium enterprises participating in value chains shall be entitled to loans extended by trực tiếp bóng đá euro hôm nay Fund when meeting trực tiếp bóng đá euro hôm nay following requirements:

- Participate in value chains in accordance with provisions of trực tiếp bóng đá euro hôm nay Law on assistance for small and medium-sized enterprises and its guiding documents;

- Ensure trực tiếp bóng đá euro hôm nay equity participation in a production and business project or plan makes up at least 20% of trực tiếp bóng đá euro hôm nay total investment capital to implement that production and business project or plan, and ensure sufficient capital for implementation of a production and business project or plan;

- Meet regulations on loan guarantee.

What is trực tiếp bóng đá euro hôm nay maximum rate of trực tiếp bóng đá euro hôm nay lending rate of trực tiếp bóng đá euro hôm nay Small and Medium Enterprise Development Fund in Vietnam?

Pursuant to Article 18 of trực tiếp bóng đá euro hôm nay Decree 39/2019/ND-CP stipulating lending rate and tenure:

Lending rate and tenure

1. Lending rate applied to each production and business plan or project shall not be 80% greater than total investment outlay of that plan or project. Total rate of lending of trực tiếp bóng đá euro hôm nay Fund to small and medium enterprises shall not be 15% greater than trực tiếp bóng đá euro hôm nay actual chartered capital of trực tiếp bóng đá euro hôm nay Fund.

2. Lending tenure shall be determined depending on capital recovery and repayment capacity of each enterprise and specific conditions of each production and business plan or project, but shall not exceed seven (07) years.

As regulated above, total rate of lending of trực tiếp bóng đá euro hôm nay Fund to small and medium enterprises shall not be 15% greater than trực tiếp bóng đá euro hôm nay actual chartered capital of trực tiếp bóng đá euro hôm nay Fund.

In addition, trực tiếp bóng đá euro hôm nay lending rate applied to each production and business plan or project shall not be 80% greater than total investment outlay of that plan or project.

What are regulations on trực tiếp bóng đá euro hôm nay direct lending interest rate of trực tiếp bóng đá euro hôm nay Small and Medium Enterprise Development Fund in Vietnam?

Pursuant to Article 17 of trực tiếp bóng đá euro hôm nay Decree 39/2019/ND-CP stipulating trực tiếp bóng đá euro hôm nay direct lending interest rate of trực tiếp bóng đá euro hôm nay Small and Medium Enterprise Development Fund in Vietnam:

- Direct lending interest rate shall be 80% as much as trực tiếp bóng đá euro hôm nay lowest interest rate on commercial lending. trực tiếp bóng đá euro hôm nay lowest interest rate on commercial lending shall be determined by comparing interest rates between 04 state-invested commercial banks and selecting trực tiếp bóng đá euro hôm nay interest rate of trực tiếp bóng đá euro hôm nay bank whose total asset is greatest at trực tiếp bóng đá euro hôm nay time of determination of trực tiếp bóng đá euro hôm nay Fund's lending interest rate.

In certain particular cases, trực tiếp bóng đá euro hôm nay Minister of Planning and Investment shall decide trực tiếp bóng đá euro hôm nay lending interest rate upon trực tiếp bóng đá euro hôm nay request of trực tiếp bóng đá euro hôm nay Members’ Board.

- On a yearly basis or over periods of time, based on trực tiếp bóng đá euro hôm nay principles of identification of interest rate stipulated above, trực tiếp bóng đá euro hôm nay Members' Board shall publicly inform trực tiếp bóng đá euro hôm nay lending interest rate decided by trực tiếp bóng đá euro hôm nay Fund.

Best regards!