What are direct lending principles of vtv2 trực tiếp bóng đá hôm nay Small and Medium Enterprise Development Fund from 10/6/2024 in Vietnam?

What are direct lending principles of vtv2 trực tiếp bóng đá hôm nay Small and Medium Enterprise Development Fund from 10/6/2024 in Vietnam?

Pursuant to Article 15 of vtv2 trực tiếp bóng đá hôm nay Decree 39/2019/ND-CP (amended by Clause 8 Article 1 of vtv2 trực tiếp bóng đá hôm nay Decree 45/2024/ND-CP) stipulating direct lending principles of vtv2 trực tiếp bóng đá hôm nay Small and Medium Enterprise Development Fund:

-  Lending activities of vtv2 trực tiếp bóng đá hôm nay Fund shall be carried out under agreements between vtv2 trực tiếp bóng đá hôm nay Fund and small and medium enterprises and must conform to provisions laid down herein.

- Small and medium enterprises borrowing funds from vtv2 trực tiếp bóng đá hôm nay Fund must ensure vtv2 trực tiếp bóng đá hôm nay correct use of borrowed funds and repay principal and interest in an adequate and timely manner as agreed upon with vtv2 trực tiếp bóng đá hôm nay Fund.

- Currency used for lending and debt repayment must be Vietnamese dong.

- Small and medium-sized enterprises that have got loans from vtv2 trực tiếp bóng đá hôm nay Fund but fully paid off principal and interest amounts on vtv2 trực tiếp bóng đá hôm nay agreed schedule (except force majeure events) may be eligible to get new loans from vtv2 trực tiếp bóng đá hôm nay Fund.

What are direct lending principles of vtv2 trực tiếp bóng đá hôm nay Small and Medium Enterprise Development Fund from 10/6/2024 in Vietnam? - image from internet

What are basic contents of vtv2 trực tiếp bóng đá hôm nay direct lending agreement between vtv2 trực tiếp bóng đá hôm nay Fund and Small and Medium Enterprises in Vietnam?

Pursuant to Article 20 of vtv2 trực tiếp bóng đá hôm nay Decree 39/2019/ND-CP stipulating basic contents of vtv2 trực tiếp bóng đá hôm nay direct lending agreement between vtv2 trực tiếp bóng đá hôm nay Fund and Small and Medium Enterprises in Vietnam:

- Information about vtv2 trực tiếp bóng đá hôm nay Fund’s legal person, small and medium enterprise, location and time of conclusion of vtv2 trực tiếp bóng đá hôm nay agreement;

- Agreements on lent sum, borrowing purposes, maturity period, lending currency unit, lending method, borrowed fund distribution method, lending interest, transformation of borrowed funds, recovery of lending interest and principal, security for borrowed funds and contingency measures, handling of risks (if any), and effect of vtv2 trực tiếp bóng đá hôm nay lending agreement;

- Rights, obligations and responsibilities of each party involved in vtv2 trực tiếp bóng đá hôm nay lending process; method for resolving disputes and discrepancies that may arise during vtv2 trực tiếp bóng đá hôm nay period of implementation of vtv2 trực tiếp bóng đá hôm nay lending agreement and other agreements reached to meet vtv2 trực tiếp bóng đá hôm nay Fund's management requirements.

In addition, contracting parties may agree on other issues as prescribed in vtv2 trực tiếp bóng đá hôm nay Decree 39/2019/ND-CPand in other relevant laws.

What documents are included in vtv2 trực tiếp bóng đá hôm nay application documentation for borrowing of vtv2 trực tiếp bóng đá hôm nay Fund and Small and Medium Enterprises in Vietnam?

Pursuant to Article 19 of vtv2 trực tiếp bóng đá hôm nay Decree 39/2019/ND-CP stipulating documentation requirements, processes and procedures for direct lending:

Documentation requirements, processes and procedures for direct lending

1. Application documentation for borrowing shall include:

a) Request form for borrowing of fund submitted by small and medium enterprises;

b) Documentation on production and business plan or project, other documents evidencing enterprises eligible for borrowing in accordance with Article 16 herein.

2. Small and medium enterprises shall have to submit application documentation for borrowing of funds at vtv2 trực tiếp bóng đá hôm nay Fund’s main office or by post.

3. vtv2 trực tiếp bóng đá hôm nay Fund shall be responsible for receiving and assessing vtv2 trực tiếp bóng đá hôm nay adequacy of application documentation for borrowing; assessing vtv2 trực tiếp bóng đá hôm nay feasibility of production and business plan or project and other borrowing requirements as provided herein; making a decision on borrowing and informing small and medium enterprises. In case of rejection, vtv2 trực tiếp bóng đá hôm nay Fund shall inform applicant in writing and clearly state reasons for such rejection.

4. vtv2 trực tiếp bóng đá hôm nay Fund shall be responsible for adopting vtv2 trực tiếp bóng đá hôm nay processes for assessment and making a decision on direct lending according to vtv2 trực tiếp bóng đá hôm nay principles of ensuring vtv2 trực tiếp bóng đá hôm nay clear distinction of responsibilities and obligations of individuals and organizations involved in vtv2 trực tiếp bóng đá hôm nay processes for assessment of and grant of decision on lending.

5. Where necessary, vtv2 trực tiếp bóng đá hôm nay Members’ Board shall consider making a decision on establishing a Committee to make an assessment before deciding whether lending is accepted or not.

6. vtv2 trực tiếp bóng đá hôm nay Fund may hire independent consultants or establish an advisory group giving counsel on lending, including scientists, administrators and experts with relevant specializations.

As regulated above, vtv2 trực tiếp bóng đá hôm nay application documentation for borrowing of vtv2 trực tiếp bóng đá hôm nay Fund and Small and Medium Enterprises in Vietnam includes:

- Request form for borrowing of fund submitted by small and medium enterprises;

- Documentation on production and business plan or project, other documents evidencing enterprises eligible for borrowing.

Small and medium enterprises shall have to submit application documentation for borrowing of funds at vtv2 trực tiếp bóng đá hôm nay Fund’s main office or by post. vtv2 trực tiếp bóng đá hôm nay Fund shall be responsible for adopting vtv2 trực tiếp bóng đá hôm nay processes for assessment and making a decision on direct lending according to vtv2 trực tiếp bóng đá hôm nay principles of ensuring vtv2 trực tiếp bóng đá hôm nay clear distinction of responsibilities and obligations of individuals and organizations involved in vtv2 trực tiếp bóng đá hôm nay processes for assessment of and grant of decision on lending.

Where necessary, vtv2 trực tiếp bóng đá hôm nay Members’ Board shall consider making a decision on establishing a Committee to make an assessment before deciding whether lending is accepted or not.

Best regards!