Dongwha

home > Business > Materials > Products & Brand

Products & Brand

Our products and services create

green living spaces

MPARK Capital

A safe and reliable used car installment finance service

Brand DongwhaCapital

Website www.dongwhacapital.com

01. Introduction

MPARK Capital is an installment finance service created jointly by MPark, the largest used car sales complex in Korea, and BNK Capital. We offer specialized used car installment finance products to our customers based on MPARK’s competitive edge in the used car market and BNK Capital’s financial capabilities. We strive to provide safe and reliable finance services to our customers. As part of our efforts, we offer used car auto loan products to MPARK customers and business support finance to aid the smooth business operations of companies inside the MPARK Sales Complex.

02. Introduction to Financial Products

01. Introduction to Financial Products
Used Car Auto Loan This is a financial product that helps MPARK customers with their purchase of a reasonably-priced and convenient vehicle.
Used Car Auto Loan
Target Individual/Corporations
Credit Line Differential application based on customers credit rating and vehicle price
Loan Period 24 months/36 months/48 months/60 months
Interest Rate 5.9% ~ 22.9%
Prepayment Penalty 1.7% ~3.2%
Overdue Interest Conventional interest rate + 3 %, legal maximum interest rate
Method of Repayment Full amortization
Inquiries 1600-5435
Used Car Auto Loan
Target Individual/Corporations
Credit Line 200 million~700 million
Loan Period 3 months (one-time postponement available for two months)
Interest Rate 4.9% ~ 9.9%
Prepayment Penalty None
Overdue Interest Conventional interest rate + 3 %, legal maximum interest rate
Method of Repayment Bullet payment
Inquiries 032-265-3214