Entrepreneurship in single-industry and small towns, rural settlements

GUARANTEES for beginners

GUARANTEES for existing

Participants

Subjects of small and medium-sized business

Maximum guarantee amount:

up to 85% of loan amount

up to 50% of loan amount

Maximum loan amount:

Max – 360 000 000 tenge

Max – 1,5 billion tenge

Industry:

Priority sectors of the economy

Purpose of lending:

1.      Investments

2.      Replenishment of working capital

3.      The loan amount under the project is no more than 500 million tenge with 100% replenishment of working capital (except for current loan payments and other purposes not related to the applicant’s main activity)

4.      Refinancing

Financial leasing

the amount of the leased asset is no more than 360 million tenge, the amount of the guarantee cannot exceed 50% of the leased asset value

the amount of the leased asset is no more than 500 million tenge, the amount of the guarantee cannot exceed 50% of the leased asset value

Loan rate:

Remuneration base rate, established by the National Bank of the Republic of Kazakhstan and increased up to 5%

Maximum guarantee period:

no more than the loan term

Securing a loan, the collateral value of the loan amount:

from 15%

from 50%

Own participation in the Project for loans over 500 million tenge:

-

Min  10% of the total cost of the project provided with own funds (money, movable property/ real estate)

Counter obligations

for investment projects including an increase in taxes, payroll or jobs increase by 10% after 2 financial years from the date of the decision of the financial agency