|
|
KrungSri - 7-Eleven Franchise
w/o collateral
|
|
| Objectives
|
CP 7-Eleven PCL franchise clients |
| Total
Amount |
50 million THB |
| Loan
Amount |
Loan amount is specific to the type of franchise
with details as follows:
- TYPE A: maximum loan allowed of 1.0 million THB
- TYPE B: maximum loan allowed of 1.0 million THB
- TYPE C: maximum loan allowed of 1.9 million THB
|
| Loan
Duration |
- TYPE A and TYPE B: maximum 5 years
- TYPE C: maximum 8 years
- Loaner must not be over 60 years of age upon completion of
the contract
|
| Interest
Rate |
- MLR - 2% for years 1-2, MLR for the remainder
of the contract
(as of 2nd , MLR = 8% per annum)
|
| Loan
Request Fee |
- Management Fee 1,000 THB per case |
| Front
End Fee |
- Front end fee 0.25% of the loan amount |
| Loan
Repayment |
CP 7-Eleven PCL is in charge of deducting from the loaner
's income in order to repay the debt to the bank. If the loaner
is canceled his/her authorization to run the business before
the end of the contract, CP 7-Eleven PCL will deduct the guarantee
fee of the loaner in order to repay the bank |
| Loaner
Qualifications |
- Selected and certified by CP 7-Eleven PL
as qualified and earning sufficient income monthly to insure
repayment
- Has sufficient net income remaining to pay installments after
merchandise expenses and other expenses for the company
- The loaner must not have a record form the enquiry report
performed by the bank
|
| Other
Conditions |
Other conditions are standard, as issued by the bank. |
