Lending to Micro and Small Enterprises

CREDIT PRODUCT PASSPORT
FOR PURCHASE OF FIXED ASSETS
Product categoryPurchase of fixed assets
Product typeLoan
Agro / non-agroNon-agro
Business line (segment)Micro and Small Enterprises
ClientLegal entities and individual entrepreneurs
Targeted clienteleExisting and potential clients of the bank (micro and small enterprises and private entrepreneurs)
Start-upNo
Current account history at the Bank 1) Existing-to-Bank clients (ETBc)
2) New-to-Bank clients (NTBc)
Purpose of the loan Purchase of fixed assets (including the purchase of an online check-cash register, building construction, reconstruction, and capital repair)
Maximum loan amount 1) For legal entities – up to 1 250 million UZS (up to 5 million UZS for online check-cash register purchase)
2) For private entrepreneurs – up to 650 million UZS
The total liability of the client must not exceed these amounts.
Minimum loan amount 1) For legal entities – 50 million UZS
2) For private entrepreneurs – 25 million UZS
Not applicable for the purchase of online cash registers.
Interest rate (p.a.)27% per annum
CurrencyNational currency (UZS)
Maximum maturityUp to 60 months (12 months for online cash register purchase)
Type of maturityClosed
Down payment20–36%
Accepted collaterals Real estate and vehicles belonging to legal or individual persons. A credit risk insurance policy may serve as temporary security until the main collateral is formalized.
For online cash register purchase – personal guarantee is accepted.
Frequency of interest paymentsMonthly
Disbursement methodFunds are transferred to the supplier’s account either in a lump sum or in installments.
Grace period for capital repayment 1) Loan term 4–5 years – grace period up to 6 months (9 months for seasonal projects);
2) Loan term 2–4 years – grace period up to 6 months;
3) Loan term 0–2 years – grace period up to 3 months;
No grace period applies for online cash register purchase.
Repayment methodAnnuity or differential method
Frequency of principal repaymentsMonthly or quarterly depending on the project
Early repaymentAvailable without penalty

According to the small business financing program, Ipoteka Bank OTP Group offers a wide range of business loans.

Our product line helps solve key challenges related to business growth and competitiveness.

When evaluating loan applications, Ipoteka Bank relies on the real financial position of the borrower. The main focus is placed on the development prospects of the project rather than only formal indicators.

An individual approach to each client allows Ipoteka Bank OTP Group to provide financing to small businesses on the most favorable terms.

The interest rate is determined based on market conditions and the borrower’s financial status. Interest is accrued on the outstanding balance, allowing clients to avoid unnecessary costs.