Loans for business

to expand and develop entrepreneurial activities by purchasing residential or non-residential buildings and structures from primary or secondary markets

soum

at least 25% of the notarized purchase-sale agreement value

up to 60 months

bank branch

loan funds are disbursed by transferring the funds from the client's loan account

the real estate purchased on credit is pledged as collateral in an amount not exceeding 70 percent of the value of the initial purchase and sale agreement. Additional property collateral and/or insurance terms for the insufficient portion of the loan collateral. A standard insurance policy from an acceptable insurance company may be provided

yes
up to 8 months

differential, annuity

monthly

1. There must be no overdue debt on existing loans or equivalent operations
2. For loans over the last 12 months:
No more than 2 instances of overdue payments exceeding 30 days;
No more than 1 instance of overdue payments exceeding 60 days;
No overdue payments exceeding 90 days
3. Companies affiliated with the borrower must not have overdue debt in the “ASIA ALLIANCE BANK” JSCB under monitoring
4. According to the borrower’s credit history report (KATM), there must be no active loans classified as “unsatisfactory,” “doubtful,” or “hopeless” in any commercial bank or among affiliated companies within the “ASIA ALLIANCE BANK” JSCB under monitoring
5. The borrower must not have extended any interim or final repayment terms for the principal or accrued interest on current loans in the “ASIA ALLIANCE BANK” JSCB
6. The borrower must not have violated conditions set by the bank's collegial body or obligations regarding current loans in the “ASIA ALLIANCE BANK” JSCB
Exceptions include general non-compliance or non-compliance due to overdue payments
7. There must be no instances of the borrower misusing loan funds in the “ASIA ALLIANCE BANK” JSCB
Loan fund utilization audits will be conducted based on utilization certificates. The following are exceptions:
Certificates of utilization that are not yet due;
Borrowers who have taken legal action against suppliers failing to deliver goods or services
Loans allocated for products exempt from utilization checks
8. The borrower must not have unpaid amounts related to enforcement proceedings initiated by the Compulsory Enforcement Bureau
9. If, in the last 3 years, claims have been filed in economic court against the borrower regarding credit services and those claims were partially or fully upheld, the loan application will be rejected
10. The borrower must not have any ongoing court disputes (judicial credit liabilities)
11. There must be no written-off or overdue loans recorded as off-balance sheet (e.g., overdue PKNT liabilities).

1. The borrower must provide an appraisal report from an independent appraisal organization for the real estate planned to be purchased.
If the appraisal report does not meet legal requirements or there are doubts about the market value of the property determined by the appraiser, a recommendation from another independent appraisal organization may be obtained
2. A preliminary purchase-sale agreement must be formalized between the seller and the buyer
The value stated in the preliminary and notarized purchase-sale agreement must not exceed the amount indicated in the appraisal report. Additionally, all purchase-sale transactions must be completed in a notarized manner
3. Before the loan product is approved, the real estate being purchased using the loan must be inspected on-site by employees of the Bank's structural division (Operations Department/MBXO)
With the borrower’s consent, an initial recommended collateral value for the property is determined
4. After the loan disbursement is approved, the collateral value of the real estate being purchased using the loan is determined in accordance with the Bank's internal regulations.
This is formalized through the appropriate valuation certificate
5. The borrower must make the initial down payment, sign the loan agreement, and receive a guarantee letter from the Bank's structural division (Operations Department/MBXO) management
Based on this guarantee letter, the real estate is registered in the borrower's name and provided as collateral in accordance with the established procedures
6. A notarized collateral agreement for the real estate being purchased is formalized based on the loan agreement signed between the borrower and the Bank
A restriction is placed on the collateral property, and only after this are the loan funds disbursed.

for legal entities:
credit application, founding documents, information about the company’s management and founders, consent/decision of the founders regarding obtaining credit and/or providing collateral security;
account turnover details from other banks, and information about existing obligations
for individual entrepreneurs:
required documents include: credit application, certificate, copy of passport, documents confirming the place of activity;
financial calculations prepared by the client, including a cash flow forecast and justification for the repayment of the credit funds, as well as other documents related to the implementation of the project

not required

1. Mortgage loans cannot be granted for purchase-sale agreements between close relatives (parents, siblings, grandparents, grandchildren, etc.). Additionally, if the property being purchased has been transferred to the current seller from its previous owner (through sale, donation, or inheritance) within less than a year, the relationship between the borrower and the previous owner will be reviewed. If close familial ties are found, the mortgage loan will not be granted
2. Entrepreneurial entities providing guarantees or collateral for the loan must not have any debt in "Asia Alliance Bank" JSCB under card index No. 2 or funds due under enforcement proceedings initiated by the Compulsory Enforcement Bureau. (Excluding guarantees from the State Fund for Supporting Entrepreneurial Activity.)
3. Loan funds under this product will only be disbursed after:
The insurance premium for a credit non-repayment risk policy has been paid;
Initial payments for non-residential buildings and residential properties have been made;
The property has been pledged as collateral following established procedures
The above conditions must be explicitly stated in the loan agreement
4. The following assets cannot serve as loan or collateral objects:
Unfinished construction projects;
Poultry farms, greenhouses, shops at bus stations, livestock sheds, gardens, or basements of multi-story buildings (except when pledged together with the first floor)
5. Properties purchased through auctions are not eligible
6. Loan utilization will not be assessed. The pledge of the object purchased with the loan is sufficient as a basis for the loan
7. The total amount of loans provided to a borrower within the "Asia Alliance Bank" JSCB under insurance policy collateral must not exceed 500 million UZS. Additionally, the combined total of such loans for a single borrower or a group of related borrowers must not exceed 1 billion UZS under monitoring
8. Loan applications exceeding the specified limits, with interest rates below those indicated in the product passport, or with terms differing from those specified in the product passport will not be accepted as modular loans

possibly

possibly

possibly

not required