Project financing

Uzpromstroybank offers long-term loans for the following production purposes:

1. construction of enterprises and production facilities
2. reconstruction, expansion, technical re-equipment of existing production facilities
3. construction of buildings, structures
4. acquisition of fixed assets for production purposes, machinery, technology, equipment and vehicles
5. reconstruction and overhaul of in-house utilities and common areas of residential buildings

Цель	Для финансирования расходов инвестиционных проектов
Валюта	UZS, USD, EUR, RUB
Срок	At the expense of the bank's own funds - up to 5 years, but not more than the project's self-sufficiency period; attracted funds - up to 10 years in accordance with the terms of the line;
Amount	Within the limits of the amount established by the Procedure for organizing risk management in the system of JSCB "Uzpromstroybank" but up to 20% of the total amount of the syndicated loan.
Requirements for collateral	125% of the loan amount - in the form of property, surety and cash flows
Basic requirements for a potential borrower	Enterprises with state registration in the Republic of Uzbekistan for more than two years; the presence of a primary or secondary account with JSCB "Uzpromstroybank"; availability of positive annual financial statements; no overdue debt. Client participation in the project is at least 30%.

Loans provided by Uzpromstroybank are issued against certain collateral. Collateral provides additional sources of repayment and is also a way of controlling the borrower. Cash flow is the primary source of repayment and collateral must be a secondary source.

The quality, marketability and liquidity of the collateral must be verified by an independent appraiser before disbursing a loan. The market value of the collateral must be at least 125% of the loan amount. The main requirement for collateral is its realizability.

The main types of collateral are:

1. pledge of property and securities
2. surety of third parties
3. insurance policies for insurance of the risk of non-repayment of the loan by the borrower of insurance companies acceptable to the bank
4. guarantees of banks, other credit institutions and insurance companies
5. Ministry of Finance guarantees

Basic documents provided by the client::

1. Balance sheet (form No. 1), statement of financial results (form No. 2) for the last reporting period, submitted to the relevant state tax office, provided by the client;
2. Information on the turnover of existing accounts in other banks for the last year (if any);
3. The consent of the founders of the client to receive a loan issued in the manner prescribed by the current legislation;
4. A copy of the contract with the buyer for the supply of products;
5. Conclusion of an accredited international consulting company on the correspondence of the cost of the acquired fixed assets to the world market;br> 6. Duly approved feasibility study of the loan.
7. If you plan to carry out construction work on credit, then:
а. architectural planning assignment for construction;
б. construction estimate;
c. examination of estimate documentation.
8. Depending on the nature of the project and the funding structure, additional documentation may be required.

When providing a surety from a third party:

1. If the main account of the guarantor is served by another bank:
а. constituent documents of the enterprise;
б. information about the last annual turnover on the guarantor's accounts with other banks;
c. the decision of the founders of the guarantor on the appointment of the director of the enterprise and the order on the appointment of the accountant of the enterprise;
d. copy of the passport of the director and chief accountant of the guarantor;
2. A positive decision of the founders of the guarantor to provide a guarantee;
3. Balance sheet for the last reporting period (Form No. 1), report on financial results (Form No. 2) submitted to the relevant state tax inspectorate by the surety;

When pledging real estate:

1. Report of an independent appraisal organization in accordance with applicable law;
2. Constituent documents of the owner of the property (memorandum of association, charter and charter - if the property belongs to a third party);
3. The consent of the founders of the owner of the property to pledge the property as security for the loan, drawn up in accordance with the procedure established by the current legislation (if the property belongs to a third party).