Microloans are allocated in the amount of up to 1,000 (one thousand) minimum wages to support and develop small businesses and private entrepreneurship.
26%
Interest rate
up to 36 months
Loan term
1000 BHM
Loan amount
№ | Conditions | Working capital replenishment loan | Production support | Car loan |
1 | Interest rate | 23,99% | 23,99% | 26% |
2 | Loan term | 12 months | 36 months | up to 36 months |
3 | Amount | Based on the proceeds from the borrower's activities | According to the agreement | According to the agreement |
4 | Grace period | For manufacturers – up to 3 months | 6 months | 3 months |
5 | Frequency of loan payments | Monthsly | Monthsly | Monthsly |
6 | Method of calculating interest | Differential | Differential | Differential |
7 | Security | In the amount of 125% of the requested loan amount (85% of them in the form of collateral) | In the amount of 125% of the requested loan amount (85% of them in the form of collateral) | Car itself |
8 | Other conditions | The loan is allocated to business entities whose main account is in the branches of JSCB "Turonbank", whose main account has been serviced in the branches of JSCB "Turonbank" for at least the last 6 months | The loan is allocated to business entities whose main account is in the branches of JSCB "Turonbank", whose main account has been serviced in the branches of JSCB "Turonbank" for at least the last 6 months | Initial payment of at least 30% |
№ | Working capital replenishment loan | Production support | Car loan |
1 | Application | Application | Application |
2 | Financial statements – for the last reporting period, which the bank receives from the information base of the STC | Financial statements – for the last reporting period, which the bank receives from the information base of the STC | Financial statements – for the last reporting period, which the bank receives from the information base of the STC |
3 | Security documents | Security documents | Security documents |
4 | Business plan | Business plan | Business plan |
5 | Purchase and sale agreements | Purchase and sale agreements | Purchase and sale agreements |
6 | Internal documents of the borrower for obtaining a loan (order, protocol/decision of the founders on obtaining a loan and providing property as collateral) | Internal documents of the borrower for obtaining a loan (order, protocol/decision of the founders on obtaining a loan and providing property as collateral) | Internal documents of the borrower for obtaining a loan (order, protocol/decision of the founders on obtaining a loan and providing property as collateral) |
7 | * Note: other documents may be requested depending on the source, the special conditions of the loan requested by the borrower, as well as the nature of the activity. | * Note: other documents may be requested by the Bank depending on the nature of the borrower's activity, as well as the scope of the lending project. | * Note: other documents may be requested by the Bank depending on the nature of the borrower's activity, as well as the scope of the lending project. |