Business partner

P/n

Lending terms

1

Creditors

Individual entrepreneurs and legal entities that are business entities operating in the field of trade, services and production (at least 3 months of activity)

2

Purpose of the loan

To working capital for business needs

3

Credit currency

National currency

4

Credit term

Up to 2 4 months

5

Credit currency

National currency

6

Grace period for principal repayment

for short-term loans – up to 3 months,

for long-term loans – up to 6 months

7

High level of credit risk

for individual entrepreneurs – up to 500 million soums,

for legal entities – up to 1 billion soums

8

Loan form

transferring money to the borrower's main account

9

Target use of the loan

the intended use of the allocated loan does not require verification

10

Minimum loan amount

Up to 10 million soums

eleven

Annual interest rate (minimum amount)

Up to 12 months – 27 percent ;

From 12 months to 24 months – 28 percent

12

Documents provided *

- credit application;

- forecast of planned cash flows;

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

- a copy of documents giving the right to carry out activities and use the office building and structure;

- documents to secure the loan.

13​

Procedure for payment of principal and interest

Annuity or differential

14​

Sources of financing

Own funds, attracted deposits and credit lines of the bank

15​

Security cost

At least 125% of the loan amount

16

Security type

Passenger cars manufactured in the Republic of Uzbekistan, the age of which does not exceed 5 (five) years;

real estate;

jewelry;

deposit funds.

17

Borrower's solvency

the requirements for calculating and scoring the debt load according to the stop factor established by the regulations for the formation and registration of credit cases in the system of JSCB Microcreditbank do not apply.

18​

Borrower research

Study (primary monitoring) by visiting the borrower’s place of business is carried out on the basis of the requirements of the regulations for the formation and execution of credit cases in the system of JSCB Microcreditbank.