Loans for business

to purchase new electric or hybrid vehicles (up to 3 units) for business use

soum/US dollar

at least 30% of the vehicle's purchase price

up to 60 months

bank branch

according to the agreement concluded with the dealers

the purchased vehicles themselves, covering up to 70% of their contractual value, are accepted as collateral. For the remaining amount, an insurance policy covering the risk of non-repayment, issued by an insurance company acceptable to the bank, is required

yes
up to 6 months

annuity

monthly

1. The financial activity of the Debtor for the annual and the most recent quarterly reporting periods must not end in a loss. Exceptions apply if the losses are substantiated with truthful information
2. The Debtor's working capital for the annual and most recent quarterly reporting periods must not show a negative balance. Exceptions apply if such indicators are substantiated with truthful information
3. There must be no overdue debt related to existing loans and equivalent operations
4. For loans within the last 12 months:
Overdue debts exceeding 30 days must not occur more than twice
Overdue debts exceeding 60 days must not occur more than once
Overdue debts exceeding 90 days must not exist 5. Companies affiliated under control must not have overdue loan debts in the system of “ASIA ALLIANCE BANK” JSCB
6. Based on the Debtor's credit history report (KATM), the client and its affiliated companies must not have any active loans classified as "unsatisfactory," "doubtful," or "hopeless" in any commercial bank or in the system of “ASIA ALLIANCE BANK” JSCB
7. There must be no cases of extension of interim or final repayment deadlines for principal and interest obligations under active loans in the “ASIA ALLIANCE BANK” JSCB
8. There must be no instances of failure to meet the conditions set by the collegial body or obligations under active loans in the “ASIA ALLIANCE BANK” JSCB. Exceptions apply to cases of general non-fulfillment or untimely fulfillment.
9. There must be no cases of loans being used for purposes other than intended in the “ASIA ALLIANCE BANK” JSCB (Verification of proper loan usage is based on the Certificate of Targeted Use. This condition does not apply to loans where the certificate has not yet reached its due date, the client has taken the supplier to court for failing to provide goods/services, or funds are allocated for products that do not require verification of intended use)
10. The client must not have any outstanding amounts related to cases opened by the Compulsory Enforcement Bureau
11. If there were lawsuits related to loan services in economic courts within the last three years, and the claims were partially or fully satisfied, the application will be reviewed and rejected

loan funds are allocated from the client's loan account under the supervision of the Credit Department, based on the agreement concluded with the dealer

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;
account turnover information from other banks and details of existing obligations
for individual entrepreneurs:
required documents include: credit application, certificate of registration, copy of passport, documents confirming the location of business activity;
financial projections 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. The total amount of loans issued under the "ASIA ALLIANCE BANK" JSCB system solely based on insurance policy collateral must not exceed 500.0 million UZS for legal entities and entrepreneurial entities with legal status. For individual entrepreneurs without legal status (such as sole proprietors, OT, XT, etc.), the total amount must not exceed 300.0 million UZS. Additionally, when calculating the total loans allocated to a single debtor or a group of interconnected debtors under collateral solely based on an insurance policy, the total outstanding amount must not exceed 1.0 billion UZS
2. The targeted use of the loan funds will not be examined; the sole requirement will be the provision of the purchased asset as collateral for the loan
3. Loans are issued under agreements signed with suppliers for the purchase of vehicles that are available for sale (within the territory of the Republic and ready for sale)
4. Loan funds for vehicles purchased under the condition of "future delivery" can only be allocated under agreements signed with Megawatt Motors LLC or Astana Motors Company LLC JSC
5.The availability of vehicles for sale must be verified by the Operations Department or the Corporate Credit and Credit Monitoring Department of MBXO through an on-site inspection at the car dealership (supplier's location). The inspection must confirm the actual availability of the vehicles, and the results should be documented in a report. Only in cases where the conclusion of the report is positive will the agreement be financed. Furthermore, the responsibility and accountability for ensuring that the financed projects involve vehicles that are duly pledged as collateral according to the established procedure will rest with the Operations Department, MBXO Corporate Credit Committee, and the Credit Monitoring Department

possibly

possibly

possibly

not required

up to 3 billion soums equivalent for legal entities
up to 1 billion soums equivalent for entrepreneurial entities without legal entity status