Modular loan for purchase of «ISUZU» brand vehicle

1

Loan amount

Up to 60% of the value of ISUZU vehicle
(a borrower’s own capital shall not be less than 40%)

2

Loan period

Up to 3 years (grace period on principal - up to 3 months)

3

Interest rate (annual)

26,0% per annum

4

Users of services

- Corporate customers;
- Small business entities

5

Loan purpose

Purchase of “ISUZU” brand car
(new car purchase from official dealers of the JV LLC “Samarkand Automobile Plant”)

6

Loan security

Property is pre-pledged as collateral

The purchased ISUZU vehicles are pre-pledged as collateral
(after the borrower has pledged a vehicle to the bank, directors of Aloqabank’s RCSCs issue guaranty letters for loans disbursement)

As additional security (may be provided):

- Third-party surety

- Certificate of insurance

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 vehicle:

 - Sales Contract concluded with official dealers of the JV LLC “Samarkand Automobile Plant”;
- invoice and delivery note;
- Vehicle Registration Certificate (Technical passport);
- Property Insurance for the full loan period and the Certificate of Insurance

 For a third-party surety:
- financial statements of a guarantor organization;
- Auditor’s opinion;
- founders’ consent to grant 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.