- Fast approval within 2 business days
- No collateral needed
- Short-term financing, competitive rates
- Minimal documents to apply
Many agricultural SMEs in Vietnam face financial challenge due to issues in getting loans from banks such as insufficient collateral, strict customer screening criteria from banks. Through working with Validus Vietnam, SMEs can obtain unsecured financing in time to grow and expand their businesses. Nafoods group have cooperated with Validus Vietnam to bring about short term unsecured financing program for SMEs suppliers of Nafoods Group to support their growth which in turn also support and ensure the supply chain of our Group.Chairman and CEO of Nafoods Group JSC
What's the eligibility criteria?
You must be a registered business in Vietnam, have a Business tax ID, and preferably at least 2 (two) years of continuous operations in Vietnam.
What kind of loans can I get?
Validus offers Invoice Financing, typically up to 80% of the invoice value. We may offer other loan products in the future including Purchase Order Financing and Working Capital Financing.
How much funding can I get?
That will depend on your requirements, credit assessment and investor take-up on the facility. For Invoice Financing, you can typically get up to 80% of the invoice value up front.
What's the interest rate?
It can vary depending on the SME profile, credit analysis, type of facility, loan amount and tenure.
Please refer to our FAQs page if you have more questions.
Check your eligibility
Your business is eligible to apply if:
► You have a Vietnam business tax ID
► Have been operating for at least 2 years
Apply online with fewer docs
Simply apply online and have these documents in soft copy for quick approval:
► Business registration
► Proof of legal representative (board resolution and/or company charter if applicable)
► Passport or CMND of legal representative and director(s)
► Valid business invoice (within the last 2 months)
Receive funds fast
Once your application has been approved and the documents verified (typically within 2 business days), your financing request will be financed by our lenders and the funds will be disbursed to your nominated account within 1-2 business days.