MSB applies AI, providing super-fast credit solutions

Macro data such as GDP growth and manufacturing PMI show that the economy is recovering. However, many businesses face difficulties due to lack of capital, especially working capital. After the pandemic, the collateral assets of many businesses have been reduced, making borrowing more difficult when there are not many banks providing unsecured loan products. Complicated procedures cause many businesses to miss good business opportunities without the necessary capital.

Understanding this difficulty, MSB deploys a variety of financial solutions to meet the immediate capital needs of SME businesses, without the need for collateral with simple and quick procedures. Most recently, MSB launched the M-Flash unsecured credit solution, allowing businesses to access credit immediately with an AI system that automatically processes information and approves within 4 hours.

With a limit of up to 2 billion VND, M-Flash meets short-term liquidity needs, freeing businesses from the fear of business interruption. Customers can quickly complete their online profile. For businesses that need larger capital, MSB offers M-Power and M-Supreme packages. The M-Power package allows SMEs to access capital without mortgage with a limit of up to 15 billion VND.

The M-Power package loan process is implemented completely online, from building a business plan to disbursement and TTR payment. Document approval time is only three days, helping businesses promptly seize business opportunities. In addition, the M-Supreme loan package provides online credit of up to 200 billion VND with a maximum term of 7 years, meeting the production and business capital needs of all types of businesses.

With M-Flash, M-Power and M-Supreme, MSB is one of the pioneering banks providing online financial solutions in the Vietnamese market. In addition to quick approval times and high limits, MSB also offers many great incentives for businesses when using credit solutions from the bank. Specifically, the M-Flash loan package offers 50% of the first month’s interest rate or up to 2 million VND in fees for the first successful L/C guarantee transaction.

Customers are also free to issue a bid guarantee for the first time when they win the bid. Offer applies to all three solutions M-Flash, M-Power and M-Supreme. In addition, customers also receive “Free beautiful digital account worth up to 350 million VND” and “Free remote digital signature”.

MSB’s leadership representative shared that by providing a variety of credit solutions, the bank wants to promptly meet the capital needs of businesses, especially when the end of the year is approaching. “Thanks to the strong digitalization process, MSB brings outstanding digital experiences with international standards throughout the entire customer journey, and at the same time, manages cash flow more effectively,” MSB leaders affirmed.

MSB is committed to innovating to develop technology, aiming to digitize all financial solutions, to bring a seamless digital experience and maximum efficiency to businesses.