Factoring

Target	purchase of receivables
Currency	UZS
Term	up to 90 days
Сумма	Within the limits of the amount established by the Procedure for organizing risk management in the system of JSCB "Uzpromstroybank".
Requirements for collateral	Not required
Basic requirements for a potential borrower	Enterprises with state registration in the Republic of Uzbekistan for more than two years; the presence of a main account in JSCB "Uzpromstroybank"; availability of positive annual financial statements; no accounts payable. The average monthly cash flow of the company for the last 12 months is at least half of the factoring amount.

Basic documents provided by the client::

1. Balance sheet for the last reporting period (Form No. 1), report on financial results (Form No. 2) submitted by the payer to the relevant state tax inspectorate;
2. List of available accounts of the payer in all banks, information on their turnover for the last year;
3. Copies of agreements on receivables, acts of acceptance and transfer;
4. A copy of the payment order accepted and accepted by the bank;
5. If the main account of the payer is served by another bank:
а. The constituent documents of the payer
b. the decision of the founders of the paying company on the appointment of the director of the company and the order on the appointment of the accountant of the company;
c. copy of the passport of the director and chief accountant of the payer;

When providing a surety from a third party:

Not required

When pledging real estate:

Not required