Business
- Purpose of credit granting: One-time loans or loans according to credit limits to supplement working capital for advance payments or vehicle purchase payments for HVN.
- Collateral assets include vehicles formed from the loan; vehicles available in stock (purchased from HVN or not purchased from HVN); other collateral assets as per SeABank's regulations.
- Credit granting ratio: Up to 85% of the value of the vehicle lot.
- Debt recovery method: Interest collected monthly; principal collected upon receipt of payment or at the end of the term.
- Maximum unsecured outstanding loan within the period of vehicle documentation for sale to end users (withdrawal of vehicle documents and payment after 48 hours): Up to 5 billion VND.
Comprehensive, specialized financial solution package, custom-designed to facilitate the liquidation of collateral for sale to end users with advance