MonSEFF |-Mongolian Sustainable Energy Financing Facility | favourable terms loans | reduce energy consumption

MonSEFF | Mongolian Sustainable Energy Financing Facility | favourable terms loans | reduce energy consumption Launch of Vendor Loan scheme, September 2018

Launch of Vendor Loan scheme, September 2018

Local Partner Banks of MonSEFF have officially launched the Vendor Loan scheme. 

 

Eligible vendors within MonSEFF are any Business Operations, which sell MonSEFF eligible equipment at reasonable level of efficiency (aligned with GEFF Technology Selector). Vendor loan is the type of credit provided by the MonSEFF Banks to the Vendors or Dealers to provide the end beneficiaries energy efficient equipment with advantageous conditions. The individual sales must not exceed USD 300,000. The Vendor Loan amount should be between USD 200,000 and USD 2.5 million. The end beneficiaries must be legally based in Mongolia. For any further question, please contact the local partner bank or the MonSEFF team.