Creation of a" continuous chain "of comprehensive support for the development of entrepreneurship

N/A

Terms of granting a loan (lease)

1

Recipients of a loan (lease)

Small and medium-sized businesses

(entrepreneurs are classified in accordance with the Decree of the President of the Republic of UzbekistanNo. UP-21 dated February 10, 2023)

2

Purpose of the loan (lease)

To expand your business activities

3

Areas where credit (leasing)allocation is prohibited

organization of production of alcohol and tobacco products and (or) their marketing;

repayment of a previously received loan (lease) or any other debt;

organization of activities of insurance companies;

purchase of passenger cars that are not involved in production for projects where assistance is provided

4

Currency of the loan (lease)

National currency / Foreign currency

5

Term of the loan (lease)

Up to 84 months

Up to 24 months (for working capital)

6

Grace period for principal repayment

Up to 12 months

7

Maximum loan (lease)amount

For small businesses:

The company's interest rate in national and foreign currency and bank margin of up to 1.5 billion rubles. soums are allocated at the added rate.

For medium-sized businesses:

The company's rate in national and foreign currency and bank margin in the amount of up to 5 billion soums are allocated at the added rate.

8

Annual interest rate

In national currency: 22%

In foreign currency: The rate set by the Supervisory Board of JSC “Company for Business Development” + 3 percent

9

Submitted documents

- application for a loan (leasing);

- business plan.

- a copy of the license or conclusion of the relevant organizations in cases where this is required for carrying out activities;

- a copy of the purchase and sale agreement concluded for goods and products (services);

- a copy of the import contract (when purchasing products abroad on credit);

- conclusion on the compliance of prices for fixed assets purchased abroad in foreign currency with the global market situation;

- original documents confirming the owners ' consent to receive the loan and provide it as collateral, if the borrower or the mortgagee is a legal entity;

- a copy of the documents granting the right to operate and use the office building and structure;

- documents on securing a loan (lease);

- additional documents may be required when studying an application for a loan (lease).

10

Borrower's own share of the project

At least 30%

11

Procedure for payment of principal and interest

Annuity or differential

12

Sources of funding

At the expense of resources of JSC “Enterprise Development Company”

13

Security cost

At least 125% of the loan amount

14

Security type

Based on the requirements of the regulations for the formation and execution of credit file documents in the Microkreditbank ATB system

15

Borrower's ability to pay

Based on the scoring requirements of the regulations for the formation and execution of credit file documents in the Microkreditbank ATB system