Modular loan for purchase of «ISUZU» brand vehicle

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Indicators

Basic terms

1

Loan amount

Up to UZS 3,0 bln
(a borrower’s own capital shall not be less than 40%)

2

Loan period

Up to 60 months (grace period on principal - up to 6 months)

3

Interest rate (annual)

25,0% per annum

4

Users of services

- Corporate customers and small and medium business entities

(The age of the individual entrepreneur shall not exceed 65 years)

5

Loan purpose

Purchase of “ISUZU” brand vehicles of the JV LLC “SAMARKAND AUTOMOBILE PLANT” on the primary market (from authorized dealers)

6

Loan security

A) Pledge of motor vehicles purchased on credit;

B) Non-payment Insurance Policy for the entire loan period before pledging the property

(When pledging the property, a Certificate of Insurance can be replaced with property insurance);

C) Pledge of other liquid property and/or surety of third parties under the bank's credit policy.

The value of pledged property shall total at least 125% of the loan granted.

If the value of the pledged property is under 125% of the loan amount, at least 1 piece of property or surety of a third party should be provided as collateral enhancement (surety of a legal entity, sole proprietorship and individual)

The Collateral Value Reconciliation Certificate is signed by at least 2 representatives of the bank.

A third-party surety may be provided as security enhancement.

7

Documents required

Application

Business plan

Financial statements

Constituent documents (Certificate, Regulations, Deed of Incorporation)

Founders’ consent to raise a loan and to pledge collateral

Other necessary documents

8

Loan security documents

For ISUZU brand vehicles:

For pledged property:

 - Sales Contract;
 - Vehicle Registration Certificate (Technical passport);
- Insurance Policy and Certificate of Insurance

 For a third-party surety:
- financial statements of a guarantor organization;
 - Auditor’s opinion;
 - founders’ consent to issue a surety;
 - Constituent documents (Certificate, Regulations, Deed of Incorporation)

 For insurance:
 - Insurance Policy and Certificate of Insurance.

Other necessary documents

9

Additional conditions
(stop factors)

Primary account, if opened with Aloqabank

Automatic STOP-FAKTOR and ANALIZ-SKORING analyses with Colvir KFO and Colvir CBS programs.