Loans for business

purchasing new vehicles (up to 3 units) from the primary market for business use

soum/US dollar

at least 30% of the vehicle's purchase price

up to 48 months

bank branch

based on the contract concluded with the dealers

the purchased vehicles themselves, covering up to 70% of their contractual value, are accepted as collateral
for the remaining amount, an insurance policy covering the risk of non-repayment, issued by an insurance company acceptable to the bank, is required

yes
up to 6 months

differential, annuity

monthly

1. The financial performance of the Debtor for the annual and most recent quarterly reporting periods must not end in losses. Exceptions are made for cases where losses are substantiated with truthful information
2. The Debtor must not have negative indicators of working capital for the annual and most recent quarterly reporting periods. Exceptions are made for cases where such indicators are justified with truthful information
3. There must be no overdue credit obligations related to existing credit or equivalent operations
4. Regarding credits in the last 12 months:
Overdue obligations exceeding 30 days must not exceed 2 cases;
Overdue obligations exceeding 60 days must not exceed 1 case;
There must be no overdue obligations exceeding 90 days
5. Affiliated enterprises under control must not have overdue credit obligations in the "ASIA ALLIANCE BANK" JSCB
6. According to the Borrower’s credit history report (KATM), the Borrower and its affiliated enterprises must not have any active credits classified as "unsatisfactory," "suspicious," or "hopeless" in the "ASIA ALLIANCE BANK" JSCB across all commercial banks
7. There must be no instances of extending the intermediate or final payment deadlines for principal debt and accrued interest on active credits in the "ASIA ALLIANCE BANK" JSCB
8. There must be no cases of non-compliance with conditions set by the collegial body regarding existing obligations in the "ASIA ALLIANCE BANK" JSCB, except for complete non-fulfillment or delays in meeting deadlines
9. Credits issued in the "ASIA ALLIANCE BANK" JSC system must not have been used for non-targeted purposes. (Verification of credit purpose usage is based on a certificate of purposeful usage. This condition does not apply to credits where the certificate is not yet due, the customer has sued the supplier for non-delivery of goods/services, or the credits are issued for products not requiring purposeful usage verification.)
10. The Customer must not have any monetary obligations related to enforcement proceedings initiated by the Compulsory Enforcement Bureau
11. In cases where legal claims related to credit services were filed in an economic court within the last 3 years, and such claims were partially or fully satisfied, the application will be reviewed and rejected

loan funds are disbursed from the client's loan account under the supervision of the Credit Department, based on the agreement concluded with the dealer

for legal entities:
credit application, founding documents, information about the company’s management and founders, consent/decision of the founders regarding obtaining credit and/or providing collateral;
account turnover details from other banks and information about existing obligations
for individual entrepreneurs:
required documents include: credit application, certificate of registration, copy of passport, documents confirming the place of business activity;
financial forecasts prepared by the client, including a cash flow projection and justification for the repayment of credit funds, as well as other documents related to the implementation of the project

not required

1. The total amount of loans issued under the "ASIA ALLIANCE BANK" JSCB system solely based on insurance policy collateral must not exceed 500.0 million UZS for entrepreneurial entities with legal status. For individual entrepreneurs without legal status, the total amount must not exceed 300.0 million UZS. Additionally, when calculating the total loans allocated to a single debtor or a group of interconnected debtors under collateral solely based on an insurance policy, the total outstanding amount must not exceed 1.0 billion UZS
2. The targeted use of loan funds will not be subject to separate verification or formalized through a specific report. However, the allocation of loan funds must be defined in the loan agreement in accordance with the project documents and the business plan

possibly

possibly

possibly

not required

up to 3 billion soums equivalent for legal entities
up to 1 billion soums equivalent for entrepreneurial entities without legal entity status