• Merchant Cash Advance
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​​Product Features​

Bill Payment & Top-up  ​

Credit Limit up to 500mVND

Calculate Loan amount base on your POS transaction​

Bill Payment & Top-up​  ​

Easily Repayment from POS transaction

Daily deduction X% from your card transaction. The Higher goods you can sell, The faster loan you can repay.​

Bill Payment & Top-up  

Tenor up to 12 months

No worries, No guarantor required

Bill Payment & Top-up  

No Collateral Needed

If you don't have any asset yet, it will be fine.

Bill Payment & Top-up  

No Early-paid off Fees

No charge! when you can pay back fast.​​​​

 
 


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Product Details

Learn more about the product details of KBank Cash advance below

Product Feature

Loan for your business needs
  • Credit limit up to 500mVND
  • Max tenor 12 months
  • Interest rate start from 15% p.a.
  • No early-paid off fee
  • No Collateral needed

Eligibility 

Eligibility Criteria 
  • For Vietnamese Enterprise 
  • Must be a Micro or SME and have a legal status 
  • Must operate the business for more than 1 year 
  • Business location and current residential address of the owner must be in Ho Chi Minh City and the surrounding area 

Document

Document Requirements
  • Loan Application
  • Business Registration Certificate
  • Company Financial Statements for the past 6 months
  • Owner Bank statement for the past 6 months
  • ID Card of the of the shareholders who contribute/hold more than 25% shares/capital of the company
  • Other documents as required by KBank




Download File

DocumentFileDownload
KBank Cash Advance Factsheet PDF 232 KB

Frequently Asked Questions

What is K Biz Cash advance?

K Biz Cash advance is a business short term loan for Vietnamese Micro & SME for K Merchant and K SoftPOS customers. We will approve loan amount based on POS transaction (up to 500 mVND) with 12 months tenor. This loan amount will deduct X% amount from your daily card payment transaction.

What happen if my sale volume drop and I cannot repay a minimum daily amount?

Kbank doesn't have any charge if you sale is drop lower than average or you cannot sell any goods or you close shop for vacation. We will check only minimum monthly payment amount, so if in the end of months your sale amount is enough for repayment it's okay.

What happen if I still cannot pay minimum monthly amount?

Kbank will chage some late charge payment fee on you,base on your unpaid due amount.

What happen if my business is run so goods?

If you business run well and you get a high transaction than average,you loan amount will be pay faster than agreed tenor or you can paid-off by youself we don't chage any fee!​

How I can get  K Biz Cash advance?

You have to apply for K Merchant and K SoftPOS first and use it for operating your business.

Can I apply K Biz Cash advance immedialy after I get K Merchant?

Sorry you must wait until your average transaction in last 6 months is equal to 500 mVND.​

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