Leasing

2-2-6(2)

Special long-term program for getting modern technology, buildings, constructions, equipment, transportation means, and other movable property and real estate that is used in entrepreneurial activities. It envisages opportunities for provision of individual repayment schedule.

The subject of leasing may be: buildings, structures, equipment, transportation means and other movable and immovable property, used in entrepreneurial activities.

Who is eligible to participate in leasing program?

  • Private entrepreneurs
  • Farmer and peasant households
  • Agricultural cooperatives etc.

Conditions for loan provision:

  • Loan amount: from 150 001 KGS (equivalent in a foreign currency)
  • Loan term: form 3 to 84 months
  • Interest rate*: KGS – from 25,5%, USD – from 11%
  • Initial installment: not less than 30% from the project’s cost. If initial installment is absent then real estate covering not less than 30% from the acquired property is pledged

Requirements for a borrower:

  • The age of an entrepreneur/business owner: from 22 to 60 years
  • Presence of working experience in the financed field: not less than 6 months

The list of required documents:

  • Copies of borrower’s and his/her spouse’s passports
  • Documents about borrower’s marital status
  • Certificate of business or patent registration
  • State act for land or lease contracts (for field crop production)
  • Surety of the business owners (not less than 51%)
  • Documents, confirming the presence of 6 month working experience
  • Copies of initial business documents
  • License for doing licensed work types

Additional documents for legal entities:

  • Charter, memorandum of association
  • Business plan
  • Certificates from the State tax inspection and Social Fund, confirming the absence of any debts
  • Financial reports (Balance sheet, income and loss statement, cash flow statement, statement of capital accounts)
  • The decision of competent authorities about establishing a legal entity; about receiving of loan
  • Two sample signature and seal cards with the right of signature, attested notarially

The detailed list of documents you can receive addressing our offices. The addresses and contact details may be found in “Contacts and branch network”.

* effective interest rate is from: KGS-28,64%; USD – 17,77%