aab.uz
Basic conditions
Factoring period
no more than 180 days;
Factoring discount
(the difference between the amount transferred by the bank to the Supplier and the nominal amount of the payment request submitted to the Payer) - from 1.75%
Product cost
1.75%-2.5% for month
5.25%-7.5% for 3 months
8.75%-12.5% for 5 months
3.5%-5.0% for 2 months
7.0%-10.0% for 4 months
10.5%-15% for 6 months
Required documents
List of documents for obtaining factoring:
Application for factoring operations;
A copy of the purchase and sale (performance of work, provision of services) agreement, executed in the prescribed manner and signed by the Supplier and the Payer, which is verified with the original. The contract must include a payment term or period;
Copies of documents confirming the fact and reflecting the date of release of material assets (performance of work, provision of services), such as waybills, powers of attorney, work acceptance certificates, and reconciliation certificates for mutual settlements between the Supplier and the Payer;
List of accounts opened by the Payer in other banks.
Documents required to verify the Payer's financial condition, such as:
Accounting report for the last reporting period;
Financial Results Report;
Report on the movement of cash flows, certificates of financial obligations;
Explanations of accounts receivable and accounts payable, specifying the dates of formation;
Accounting documents reflecting the frequency and volume of product supplies and the execution of settlements between the Supplier and the Payer.
If necessary, the Bank may request additional documents related to the project under consideration.
Link to the site for registration on the platform
