Express loan

2-2-3

Express solution for business expansion. A loan secured by movable property and surety, issued in 3 days.

Conditions of providing a loan:

  • Loan amount: form 150,001 to 500,000 KGS (equivalent in a foreign currency)
  • Loan term: from 3 to 18 months
  • Interest rate*: KGS – 35,74%, USD – 28,5%
  • Loan’s Guarantee: movable property, spouse’s and another individual’s sureties.

Requirements for a borrower:

  • The age of an individual: from 22 to 55 years
  • Presence of owned real estate
  • Presence of working experience in the financed field: not less than 3 months
  • Positive credit history

The list of required documents:

  • Copies of borrower’s, his/her spouse, and the guarantor’s passports
  • Copies of the mortgagor’s and his/her spouse’s passports (if the mortgagor is a third person)
  • Documents about borrower’s (and mortgagor’s if present) marital status
  • Any documents confirming the presence of a 3-month working experience
  • Documents on the pledged movable property (if present), pledged inventory registration
  • Documents, confirming the presence of real estate owned by the client (or his/her spouse)
  • Copies of initial business documents
  • Documents, confirming guarantor’s income for the last 12 months.
  • Client’s spouse’s agreement to be a guarantor

* effective interest rate is: KGS- 41,65%; USD – 32,49%

**The interest rate and repayment schedule depends on the requested amount, loan term, solvency, collateral provided and others. Sales specialist will provide you with the repayment schedule, according to the requested amount and the above conditions.