Object of financing

A contract between the supplier and the buyer, registered in the State Tax Inspectorate database as required by law. The contract must include provisions for deferred payment and the assignment of rights to claim funds

Amount of funding

The financing amount cannot exceed the contract value, minus any previously received payments

One-time commission amount

Determined according to the bank's tariff

Financing currency

UZS

Financing period

No more than 90 days

Object of financing

An export contract between the Supplier and the Buyer, registered in the Unified Electronic Information System of Foreign Trade Operations in accordance with the established procedure and providing for a deferred payment and assignment of rights to claim funds

Amount of funding

An amount not exceeding the amount of the export contract, excluding previously received amounts

One-time commission amount

30% of the established interest rate on loans from the bank's own funds for a period of one quarter (90 days)

Financing currency

Currency of the export contract

Financing period

No more than 180 days

List of required documents for the Debtor

• Application for setting a limit on factoring

• Charter and EGRPO certificate

• License for carrying out activities (if licensed activity) and Environmental report (if required)

• Minutes on the election of the executive body

• Order on the appointment of the director and chief accountant

• Scanned copy of the passport of the founders, director and chief accountant

• Financial statements (form No. 1, form No. 2, breakdown of accounts receivable and payable, breakdown of fixed assets) for the past year and quarterly (operational) reporting

• Certificate from the State Tax Inspectorate on the absence of debt to the budget

• A copy of the lease agreement / certificate of ownership of the premises in which the business is conducted - office, production workshop and warehouse

• Other documents (the NBU may require any other documents for a full assessment of the transaction and risk minimization)

List of required documents for the Supplier

• Charter

• License for carrying out activities (if licensed activity) and Environmental report (if required);

• Minutes on the election of the executive body;

• Order on the appointment of the director and chief accountant

• Scanned copy of the passport of the founders, director and chief accountant

• Financial statements (form No. 1, form No. 2, breakdown of accounts receivable and payable, breakdown of fixed assets) for the past year and quarterly (operational) reporting

• Certificate from the State Tax Inspectorate on the absence of debt to the budget

• A copy of the lease agreement / certificate of ownership of the premises in which the business is conducted - office, production workshop and warehouse

• Contract (Supply Agreement)

• Certificates on the operation of accounts (details) in other banks with confirmation

• Other documents (the NBU may require any other documents for a full assessment of the transaction and risk minimization)

List of required documents

• Application;

• Export contract;

• Shipping documents;

• Bank guarantee/Letter of credit in favor of the Supplier (before financing, Uzbek National Bank may require re-registration in its favor);

• Copy of the charter and constituent documents;

• Resolution of the founders to receive factoring;

• Other documents (Uzbek National Bank may require any other documents for a full assessment of the transaction and risk minimization)

Special conditions

In certain cases, if the Supplier is a corporate client and provides liquid collateral, Uzbek National Bank may consider the issue of providing international factoring without requiring a bank guarantee/letter of credit from a Foreign Bank.