Set of credit documents in the implementation of

bank loans

Members:
1. Lê Hữu Phúc Thành
2. Nguyễn Lê Thảo Linh
3. Nguyễn Hà Anh
4. Đặng Thị Thuỳ Dung

For their business activities, banks as well as finance companies and finance
leasing companies will divide customers into two main segments: corporate
credit and personal credit. For each type, each credit institution offers a different
list of documents, and of course, credit appraisal for businesses will be more.
In the following, we will analyze and point out some basic and necessary
documents for proper preparation before taking a bank loan.
I. Legal Records (Hồ sơ pháp lý)
Legal records include all personal information that helps provide the first basis
for the bank to verify and secure a credit loan. Legal documents will include:

Corporations Individuals (for consumptions)

1.Business registration certificates
2.Business line registration
3.Company seal
4.Company’s charter
5.Identification card of Director
6.Identification card of Chief
Accountant
7.Appointment Decision of Chief
Accountant
8.Nominal list of shareholders
1.Identity card/Citizen identity
card
- The borrower's ID card must be
clear. The national emblem must
not be torn or patched. The portrait
image must be clear (if the photo
ID is too blurry, you can always
give the original proof. If the
picture on the ID card is damaged,
you should go back to work for
clarity).
- Customer's ID cards must be less
than 15 years.

II. Financial Records (Hồ sơ tài chính)
Financial records are documents proving whether a customer has a source to
repay a bank loan and whether this repayment source is eligible for a loan.
Especially:
Corporations
1.Financial Statements
- 4 types of financial statements (
SOFP, SOPL, SOCF, SOCE )
2.Tax return
3.Nominal list of Account
Receivable and Account Payable
- The personal receivable/payable
ledgers accounts
4.Nominal list of Fixed Assets
5.Revenue Statement
6.Nominal list of Inventory
7.Expenses for Financial activities,
Wages, Premises
8.Economic Contracts of Input and
Output activities
9.Invoices of Input and Output
activities
2.Family registration
3.Marriage registration
4.Other legal personal
identification documents such as
passport
Individuals (for consumptions)
1. Income from salaried work
- Labor contract (1 year to
indefinite)
- Salary account statement if
salary is transferred via ATM card
(from 3-12 months depending on
the bank)
- Confirmation of 3 months salary
if salary is received in cash, social
insurance, health insurance.
However, this form is considered
quite risky, making it difficult to
assess the transparency of
confirmation
2. Income from renting houses,
apartments, cars
- House ownership certificate,
Land use rights certificate(Carvet
of car) in the name of the borrower
- Notarized rental contract, rent
payment via bank → considered a
good and clear source of income
- Notarized rental contract, cash
payment → quite risky
 - The rental contract is not
notarized → high risk, difficult to
authenticate
3. Income from business activities
of the company
- Being the owner or capital
contributing member
- Business license
- Articles of association
- Financial statement
- VAT declaration (last 12 months)
- Purchase invoice (last 3 months)
4. Income from household
business
- Business license
- Business notebooks
- Purchase invoice of the last 3
months

III. Collateral Records (Hồ sơ tài sản đảm bảo)

Collateral is an essential element for customers to borrow money in the form of
collateral because this is a factor that helps reduce loan risk to the lowest level
for the bank. Therefore, the unsecured loan interest rate is always lower than the
unsecured loan interest rate. Records of collateral will include:

Corporations Individuals (for consumptions)

1. For real estates collaterals:
- Certificate of Land Use Rights
- Identification card of the Owner
- Permanent resident of the Owner
2. For transportation vehicles,
plants and equipments collaterals:
- Registration, resistry
- VAT invoice
- Customs Declaration Form
1. For real estates collaterals:
- House ownership certificate,
Land Ownership Certification
- Notice of payment of real estate
registration fee
2. For transportation vehicles,
plants and equipments collaterals:
- Asset’s quality registration
certificate
 - Property Insurance - Certificate of physical insurance
3. For valuable papers: of the asset
- Certificate of Deposit/ Passbook 3. For valuable papers:
- Certificate of Deposit/ Passbook

IV. Comments
Business credits are financial loans to businesses for production and business
activities, the borrowing purpose of enterprises is usually to invest in purchasing
new machinery and equipment, other investments or supplementing capital.
mobile. Because it is an enterprise, the loans are relatively large, depending on
the size and purpose of using the capital of the business, the loan funded from
the credit financial institution will be different. Therefore, the loan appraisal
process will be more thorough, and the process and paperwork needed will be
more if the business needs a larger loan.

Personal credit is personal finance loans for personal and family consumption,
such as the purchase of cars, other vehicles, real estate, and personal and
household items. Of course, these loans will not be too large, so the appraisal
process will be very quick and simple, even within a few hours, if the customer
provides complete documents.