Lending

Loans are provided on terms of recoverability, payability, security, urgency and targeted use.

Loans are divided into short-term (for up to 1 year) and long-term (for up to 3 years).

Loans for replenishment of floating capital are issued for a period of up to 18 months through the opening of revolving and non-revolving credit lines, which allow using the credit resources as necessary. Loans for replenishment of floating capital are provided for the following purposes:

• Purchase of raw materials and materials;
• procurement of goods for sale;
• seasonal and other temporary stocks of material assets;
• seasonal expenses related production and preparation of product;
• payments with suppliers of products, other needs related to settlements;

Key terms:

• Length of loan: up to 18 months;
• Interest rate – 22-26% per annum;
• Collateral is in accordance with the current legislation of the Republic of Uzbekistan.

Loans for purchasing of fixed assets are provided for up to 36 months, including for:

• procurement of fixed assets;
• modernization of production;;
• increase of production capacity;
• business expansion.

Key terms:

• Loan length – up to 60 months;
• Interest rate– 24-30% per annum;
• Collateral is in accordance with the current legislation of the Republic of Uzbekistan.