In & nbsp; Small Business Finance & nbsp;
Our product line will allow you to solve any problems related to & nbsp; business development, ensuring its competitiveness.
When deciding on & nbsp; granting a loan & nbsp;
An individual approach to & nbsp; every client allows & nbsp;
The interest rate for & nbsp; use of credit funds is established based on & nbsp; market conditions and & nbsp; financial condition of the borrower. Interest is charged on the & nbsp; balance of the outstanding loan, which allows customers to avoid additional costs.
Loan subject |
|
Currency |
In national and foreign currency |
Amount |
at the request of the client |
Interest rate |
Set in accordance with the Bank's Interest Policy |
Term |
To replenish working capital up to 18 months (grace period up to 6 months) |
For the acquisition and construction of fixed assets up to 36 months (grace period up to 6 months) |
|
To start the cultivation of fish in an intensive way and the processing of fish products up to 60 months (grace period 12 months) |
|
Provision |
|
Other conditions |
You can use the compensation issued by the State Fund for the Support of Entrepreneurship & nbsp; & nbsp; established by the Decree of the President of the Republic of Uzbekistan No. PK-4005, dated 06.11.2018. |
List of documents for obtaining a loan:
- loan application with the amount, term of use, purpose, interest, collateral and consent to transfer information to the credit bureau and the collateral register;
- Copies of the borrower's constituent documents and other documents confirming the authority to obtain a loan
- Copies of agreements (contracts) or protocols of consent concluded by the borrower for the purchase of tangible assets (works, services, goods, etc.)
- accounting report on forms, approved by the Ministry of Finance of the Republic of Uzbekistan for the last reporting period. These documents must be approved by the State Tax Inspectorate in the established order (*) and include:
- Balance Sheet
- Financial Reporting
- List of receivables and payables (excluding small businesses and micro-firms)
- and other financial statements as needed
- Certificate of liabilities of accounts in other credit institutions and other banks for the last 6 months
- Documents granting the right to engage in fishing (land lease agreement, land cadastre documents, documents confirming the state registration of land use and property rights, water resources agreement, etc.)
- business plan;
- loan collateral documents;
Loan amount |
Depends on the volume of raw materials for the cotton grown |
Maximum Loan Amount |
Up to 10 billion soums |
Currency |
UZS |
Credit rate (annually) |
20% (considering that 5 percent is covered by compensation from the Entrepreneurship Support Fund |
Credit term |
Up to 12 months |
Grace period |
Installed depending on the specifics of the project |
Loan allocation form |
By transferring funds to the account of the product supplier |
Loan repayment procedure |
The loan is repaid in accordance with the decreasing loan repayment schedule, agreed with the loan applicant in accordance with the processing period of raw cotton |
Loan security |
Pledge of real estate, surety of a third party, insurance policy of an insurance company |
Other conditions |
This loan is allocated to clusters with a liquid balance and constant cash flows. |
The procedure for the implementation and registration of the credit process |
It is carried out in accordance with the current guidelines for the formation of the credit process in the JSCMB "Ipoteka-Bank" system and the Temporary Regulations for the implementation of the centralized credit process "On the procedure for lending to legal entities and individual entrepreneurs in pilot projects", approved by the decision of the Board of the bank No. 74/1 dated April 22, 2019 of the year. |