Documents required to obtain a loan
Answer:
- Passports of founders, director, chief accountant;
- Order for Director’s appointment;
- Certificate of state registration;
- Decision of founders;
- Licenses;
- Cadastre file/ data sheet for the collateral;
- Photo of the collateral;
- Contract with the supplier;
- Copy of the rental agreement/ certificate
- Certificate of ownership for the premises used for business;
This list is not exhaustive for loan consideration and the consideration and Bank staff may request other information and documents regarding project concerned.
How long does it take for the application to be processed?
Time for processing takes 1-3 days depending on the completeness of the documents submitted.
What types of collateral are accepted for a loan?
Various collateral, including real estate, motor vehicles, as well as sureties of individuals or legal entities are accepted.
What are the conditions for early repayment of the loan?
Penalty-free early repayment of the loan is permitted
It is possible to get a loan with no business history?
The period of registration of the company at the time of filing the application must be more than 6 months.
What hidden costs or additional terms and conditions may be?
It's worth noting that insurance and collateral costs may be in addition to the principal interest for the loan. However, there are no hidden costs.