About loan
|
No. |
Indicators |
Key Terms |
|
|
|
1 |
Service Users |
Individual Entrepreneur (subject to an age limit of 18–31 years) |
Legal Entities |
Franchise Enterprises |
|
2 |
Loan Amount |
Up to UZS 2.0 billion (Subject to establishing at least 2 new jobs for unemployed youth); |
Up to UZS 10.0 billion (Depending on the specifics of the project, subject to establishing at least 2 jobs for unemployed youth per every volume of funds up to UZS 1.0 billion). |
|
|
Loan Term |
A) Working capital funding: Up to 36 months (Grace period: up to 6 months on principal, up to 3 months on interest payments) B) Acquisition of fixed assets and equipment, execution of construction works, and for other purposes: Up to 7 years (grace period: Up to 2 years on principal, up to 3 months on interest payments) |
|
||
|
4 |
Interest Rate (annual) |
(*CBU Key Rate + 4,0%) * It is determined based on the Central Bank’s key rate as of the loan disbursement date and is floating |
|
|
|
5 |
Loan Purpose |
To small-and medium-sized enterprises (SME) operating in manufacturing, services, trade, and agriculture: - Purchase of manufacturing equipment, execution of construction works, acquisition of fixed assets (including under the "industrial mortgage" scheme) and devices, as well as for working capital funding Expansion of franchising networks that have created over 1,000 jobs. This includes opening new branches, acquiring buildings facilities, and equipment, furniture, home appliances, and fixed assets, as well as for outfitting and for other purposes; - Purchase of motor vehicles for business purposes; - Establishment of trade and service outlets; - Vocational training for young people, including the setup of educational services and training centers in fields such as digital technologies and foreign languages. |
|
|
|
6 |
Loan Security |
Property requirements: - Deposits; - Motor vehicles; - Movable and immovable property; - The total value of the provided collateral shall not be less than 125% of the loan amount; - Third-party guarantees may be provided as additional security. |
|
|
|
7 |
Documents submitted by Client |
Loan Application |
|
|
|
Business Plan |
|
|||
|
Financial Statements |
|
|||
|
Constituent documents (Certificate, Charter, Foundation Agreement) |
|
|||
|
Founders' Consent Resolution on obtaining a loan and providing collateral (for legal entities). The founders' resolution shall explicitly state the hiring of unemployed youth and fulfillment of job creation requirements under Presidential Decree No. PQ-210. |
|
|||
|
Cadastral documents for the real estate property at the site of business operations (if owned), or a lease agreement along with other necessary documentation. |
|
|||
