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TOP-UP LOAN
LOLC’s Top-Up Loan (TUL) product offers current Individual Loan (“IL”) and Small and Medium Enterprise Loan (“SME”) clients the opportunity to borrow additional funds from LOLC before repayment of their current loan is complete. Clients in good-standing with LOLC, who have a demonstrated track-record of on-time repayment and continued capacity to repay, may apply for a TUL. The TUL amount is only limited by the guidelines in this document, the client’s needs, and his or her capacity to repay. A client’s TUL can therefore potentially be larger in size than his or her existing IL / SME, depending on the client’s request and the credit / cash flow analysis process.
Top-Up Individual Loan (TUL-IL)
Currency Loan Size Interest Rate Loan Term
KHR up to 20,000,000 2.5% - 3.5% 3 – 24 months
USD up to 5,000 1.8% - 2.5% 3 – 24 months
THB up to 200,000 2.5% - 3.5% 3 – 24 months
Top-Up Small and Medium Enterprise Loan (TUL-SME)
Currency Loan Size Interest Rate Loan Term
KHR more than 20,000,000 2.5%-3.5% 3 – 36 months
USD more than 5,000 1.7% - 2.5% 3 – 36 months
THB more than 200,000 2.5%-3.5% 3 – 36 months
Advantages
LOLC’s Top-Up Loan offers clients a number of key benefits, including:
- Free option of currency: KHR, US dollar or Thai Baht
- A reasonable interest rate, calculated based on outstanding balance
- Convenient option to apply for and repay loan at nearest LOLC office or at your business site
- Flexible loan terms and repayment plan that are catered to your need
- No loan fee charged.
Contact Information
To apply for LOLC’s Top-Up Loan, follow these simple steps:
- Talk to a LOLC staff member in your area or at the nearest LOLC office
- Request a specific amount and term based on your needs
- Provide the necessary documents required by LOLC
- Agree to the loan terms & conditions.
Head Office
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia
Tel: (+855) 23 991 991
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