The calculation is not a public offer and is for informational purposes only.
MFO SUPPORT
Conditions
The interest rate
from 28%
Loan term
up to 36 months
Purpose of the loan
Replenishment of working capital
The form of granting a loan
By transferring funds to the settlement account of a microfinance organization for further implementation of its microfinance activities, after registration of collateral through
Type of lending
A loan with the opening of a revolving credit line
Loan currency
The national currency of the Republic of Uzbekistan is soum
The maximum allowable loan amount
The loan amount is determined based on the borrower's financial situation, turnover on deposit accounts, and collateral provided.
The term of the credit line
Up to 36 months
The term of the right to use the loan
Up to 18 months
The term of the tranche under the credit line
Up to 18 months
Grace period for repayment of the main debt
Up to 3 months
The interest rate on fixed-term debt
From 28% per annum
Repayment of the principal debt
Monthly, in equal payments after the end of the grace period.
Frequency of interest repayment
Monthly, on the date agreed in the loan agreement
Provision
At least 125% of the loan amount (130% for persons associated with the bank). As collateral for the loan, it is accepted:
1. Pledge of movable and immovable property;
2. Guarantees and guarantees of third parties;
3. Pledge of funds, including deposits;
4. Loan Default risk insurance policy;
5. Pledge of equipment and goods in circulation;
6. Other types of collateral provided for by the current legislation of the Republic of Uzbekistan, the Credit Policy of "APEX BANK" JSC and other local acts of the bank.
Who can get a loan?
Legal entities engaged in microfinance activities, registered as business entities, engaged in entrepreneurial activity for at least 6 months.
1. Availability of a deposit account with «APEX BANK» JSC;
2. Having a positive or good credit history;
3. Availability of a liquid balance sheet and profitable activities;
4. Stable turnover from deposit account activity for at least 6 months;
5. Availability of permits for microfinance activities.
