Loans for business
Loan for business «First for Free»
Requirement for the borrower |
Economic entities, formed in accordance with the established procedure and term by the Statutory Fund, operating without loss |
Type of Loan currency |
National currency - UZS |
Purpose of using a loan |
Replenishment of working capital or for the purchase of fixed assets |
Annual interest rate of the loan |
At the first crediting of the client till 11 months to 0.1%, from 11 months to 1% per annum, subject to securing a loan in cash at 0 rate. Subject to interest on deposits, the interest rate on the loan will be equal to the interest rate on collateral and plus the actual costs of the bank. |
For the second time, 5% per annum (or interest rate on deposit + bank margin 5%) |
|
Forms of credit granting |
In non-cash form. |
Forms of loan repayment |
Annuity (equal payments) or other forms depending on the project. |
Securing a loan |
Deposits in national and foreign currencies |
Cash in national currency and hard currency |
|
List of necessary documents for obtaining a loan: |
Credit application, indicating the purpose of obtaining a loan, amount and term |
Copy of the Articles of Association and constituent documents; |
|
Copy of the certificate of a legal entity registered by local authorities |
|
Copy of license (if activity requires); |
|
The decision of the relevant authorized body of the client to obtain a loan; |
|
Business plan with mandatory indication of cash flow forecast; |
|
Financial statements (balance sheet (form-1), statement of financial results (form-2), certificate of receivables and payables (form-2a), certificates of reconciliations on accounts receivable and accounts payable for more than 90 days, cash flow statement form-4) with comments); |
|
Additional conditions for obtaining a loan |
A loan may be issued to finance import contracts subject to a loan in foreign currency. |
Loan for business "Beneficial"
Purpose of the Loan: |
To replenish working capital, purchase of fixed assets and other purposes to small business entities that do not contradict the current legislation |
Potential borrower: |
- Business entities subject to the main deposit account on demand at the Bank's branches; |
- Availability of a profitable business; |
|
- Subjects with at least 6 months of business experience. |
|
Note: Enterprises operating at a loss, as well as having an illiquid balance sheet, are not subject to credit. |
|
Currency of the Loan: |
National currency - UZS. |
Amount of the Loan: |
In the amount of up to 30% of the average monthly net revenue from core business for the last 6 months, but not more than 50 000 000 sum. |
Period of the Loan: |
up to 12 months. |
Exemption period: |
not provided |
Forms of credit granting: |
In non-cash form. |
Interest rate on the loan: |
20% per annual |
Loan repayment form: |
Differentiated |
Securing the loan: |
Guarantors of founders and insurance policy; |
List of necessary documents for obtaining a loan: |
1. For individual entrepreneurs: |
- Copy of the certificate of entrepreneurial activity; |
|
- Document confirming the identity of the borrower - a copy of the passport; |
|
- Business plan with mandatory indication of the purpose, term and amount of the loan, cash flow forecast; |
|
- Documents related to security; |
|
- Other documents as required by the bank. |
|
2. For small businesses with the formation of a legal entity: |
|
- Copy of the articles of association of the enterprise and constituent documents; |
|
- A copy of the certificate of a legal entity registered by local authorities; |
|
- Licenses for carrying out activities, a certificate of conformity and a product standard, which confirms the right to engage in the type of activity, if the activity is included in the list of those requiring special licenses and a certificate of compliance and a standard for manufactured products (a copy certified by a seal); |
|
- Financial reporting submitted to the State Tax Inspectorate for the last reporting period in the following composition: balance sheet - form number 1, report on financial results - form number 2. Decoding of receivables and payables, decoding of the movement of fixed assets; |
|
- Business plan with mandatory indication of the purpose, term and amount of the loan, cash flow forecast; |
|
- Documents related to security; |
|
- Other documents as required by the bank. |