Loans for business

For financing all types of projects not prohibited by law aimed at expanding and developing entrepreneurial activity (including the purchase of goods, raw materials and supplies, buildings and structures, vehicles, special and agricultural machinery, equipment and tools, and others in the fields of wholesale and retail trade, manufacturing, services, and other areas of activity, as well as the execution of construction and reconstruction works, and the implementation of other projects).

soum/US dollar

not required

up to 36 months

bank branch

In cash and non-cash form

The following may be accepted as credit collateral to be provided:
Real estate;
Motor vehicles and special equipment not older than 7 years from the year of manufacture (with the year of manufacture considered as the first year);
Cash funds pledged as a deposit;
An insurance policy covering the risk of credit default issued by an insurance company that meets the bank’s requirements, or a third-party guarantee (in this case, the total share of such collateral in any credit package must not exceed 25%, and/or its amount must not exceed 700.0 million UZS).

yes
up to 8 months

differential, annuity

monthly

1. For the annual and last quarterly reporting period, the debtor's financial activity must not be unprofitable. If the results of the debtor's activities resulted in losses, except in cases where they are substantiated by reliable data;
2. The debtor's own working capital for the annual and last quarterly reporting period should not be negative. Except in cases where these indicators are substantiated by the debtor with reliable data;
3. Absence of overdue credit debt on existing credit and equivalent transactions;
4. For loans within the last 12 months: no more than 2 instances of overdue debt exceeding 30 days; no more than 1 instance of overdue debt exceeding 60 days; absence of overdue debt exceeding 90 days;
5. The absence of overdue credit debt in the "ASIA ALLIANCE BANK" JSC system of interconnected enterprises based on control;
6. the absence of current loans in the system of "ASIA ALLIANCE BANK" JSC from all commercial banks and related client enterprises, classified as "unsatisfactory," "doubtful," and "bad" based on the Borrower's Credit History Certificate (CCI) based on control;
7. The absence of cases of extending the intermediate and final deadlines for repayment of the principal debt on existing loans and accrued interest on the loan in the "ASIA ALLIANCE BANK" JSC system to date;
8. The absence of cases of non-fulfillment (except for non-fulfillment as a whole, other cases, i.e., non-fulfillment on time) of the conditions established by the collegial body for existing loans/existing obligations in the "ASIA ALLIANCE BANK" JSC system to date;
9. There should be no instances of misuse of existing loans in the "ASIA ALLIANCE BANK" JSC system. (Checking for the purpose of use is carried out on the basis of the act on the purpose of use. At the same time, this condition does not apply to loans allocated through products for which the validity period of the certificate of targeted use has not expired, the client has sued the supplier for insufficient delivery of services/products, and the targeted use of credit funds is not subject to verification);
10. The client must not have funds to pay for enforcement proceedings opened by the Bureau of Enforcement;
11. If there are claims in the economic court for credit services for the last 3 years and the claim is partially or fully satisfied, the request is considered and rejected.

By transferring the loan funds to the borrower's deposit account in order to make payments for expenses related to the borrower's entrepreneurial activities;
In cash form through the bank's cash desk (The loan funds are disbursed in cash only in the national currency through the bank's cash desk under the supervision of the Lending Department from the client's loan account. No additional commission is charged to the client);
By wire transfer based on the contract provided by the client.

For legal entities: Credit application, founding documents, information about the company's management and founders, consent/decision of the founders regarding obtaining the loan and/or providing collateral; account turnover statements from other banks, and information about existing obligations. For sole proprietors: Credit application, certificate of registration, copy of passport, documents confirming the place of business activity; financial calculations prepared by the client justifying the repayment of the loan amount with a forecast of cash flows, as well as other documents related to the implementation of the project.

not required

1. The amount of loans issued to a borrower in the "ASIA ALLIANCE BANK" JSCB system exclusively on the basis of insurance policy collateral, in the total value, should not exceed 500,0 million soums for business entities with the status of a legal entity and 300,0 million soums for individual entrepreneurs without the status of a legal entity (IP, OP, PT, etc.). Also, when calculating together with loans allocated to one borrower or a group of interconnected borrowers based on control, the total balance of loans secured solely by insurance policy should not exceed 1,0 billion soums;
2. The targeted use of credit funds is not verified in a separate procedure and is not documented with an act, but the direction of credit funds must be determined in the loan agreement in accordance with the Project Documentation and the Business Plan

possibly

not provided

not provided

It must not exceed 25 percent of the total loan portfolio and/or its amount must not be more than 700.0 million soums.

Grace period:
-If the credit line is not opened up to 6 months;
-If the credit line is opened up to 8 months.