Loans for business

Financing of Youth Entrepreneurship Projects

soum

up to 60 months

bank branch

By transferring the funds to the settlement account

In accordance with the “Procedure for Accepting Collateral to Secure the Fulfilment of Clients’ Obligations under Credit Services at Asia Alliance Bank,” third-party guarantees and/or insurance against the risk of loan default are accepted.

yes
1. For the purchase of fixed assets - up to 12 months.
2. For replenishment of working capital - up to 3 months.

differential, annuity

monthly

As of the operational date, the Borrower’s income statement (Form No. 2) must not reflect a loss. An exception may be made where the Borrower’s business activities have resulted in a loss, provided that this fact is supported by reliable documents and substantiated information. As of the operational date, the Borrower’s own working capital must not be negative. An exception may be made where the negative value of this indicator is substantiated by reliable data provided by the Borrower. There must be no overdue loan indebtedness under existing loans and transactions equivalent thereto. For loans over the past 12 months: - The number of delinquency cases exceeding 30 days (30+) must not exceed 2; - The number of delinquency cases exceeding 60 days (60+) must not exceed 1; - Delinquency cases exceeding 90 days (90+) are not permitted. The Borrower’s related enterprises, identified in accordance with the established control criteria, must have no overdue loan indebtedness within the Asia Alliance Bank system. According to the KATM credit history report, neither the client nor its related enterprises must have any outstanding loans within the Asia Alliance Bank system classified as “Unsatisfactory,” “Doubtful,” or “Loss.” With respect to loans currently outstanding with Asia Alliance Bank, there must be no cases of extension of interim or final repayment deadlines for principal amounts or interest accrued on such loans. With respect to loans currently outstanding with Asia Alliance Bank, there must be no cases of failure to comply with the conditions established by the collegial body in relation to existing obligations, except for cases involving other violations, including the untimely fulfilment of obligations. With respect to loans currently outstanding with Asia Alliance Bank, there must be no cases of misuse of loan proceeds. The verification of the intended use of loan proceeds shall be carried out based on a report confirming the use of funds for their intended purpose. This requirement shall not apply: - If the deadline for preparing the report on the intended use of loan proceeds has not yet arrived; - If the client has filed a lawsuit against the supplier due to the failure to deliver goods or provide services; - To loans granted under products for which verification of the intended use of loan proceeds is not required. The client must have no outstanding amounts payable under enforcement proceedings initiated by the Bureau of Compulsory Enforcement (BPI). If, during the past three years, claims relating to credit services have been filed with an economic court and the claims have been upheld in whole or in part following consideration of the case, the application shall be reviewed and subsequently rejected.

By transferring the funds to the settlement account

- Business Entities: Loan application; constituent documents; information on the company’s founders and management; consent/resolution of the founders authorizing the borrowing and/or the provision of collateral; financial statements and other financial information (Forms No. 1 and 2, annual and interim); breakdowns of balance sheet items; information on turnover in bank accounts held with other banks; information on existing obligations; and other required documents and information. - Individual Entrepreneurs: Loan application; state registration certificate; copy of passport; information on the location where business activities are carried out; calculations prepared by the client substantiating the repayment of the loan, including projected cash flows; and other documents related to project implementation. - Business Entities Applying for Project Financing: Business plan and/or calculations prepared by the client substantiating the repayment of the loan, specifying the project parameters and projected cash flows; and other documents related to project implementation.

not required

The total outstanding balance of loans granted to the Borrower within the Asia Alliance Bank system exclusively secured by an insurance policy and/or a third-party guarantee must not exceed: - UZS 1,000.0 million for business entities with legal entity status; - UZS 800.0 million for individual entrepreneurs without legal entity status (individual entrepreneurs, family enterprises, private enterprises, etc.). At the same time, the total outstanding balance of loans granted exclusively against an insurance policy and/or a third-party guarantee, including loans issued to a single borrower or a group of related borrowers, must not exceed UZS 2,000.0 million. Lending under this modular loan product shall be suspended if, as of the reporting date, the NPL ratio exceeds 4% of the outstanding balance of loans under this product. Information on the NPL ratio as of the reporting date shall be provided by the relevant Bank department. Lending shall resume once the NPL ratio falls below the established threshold.

possibly

unforeseen