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no more than 3 years
No more than 500,000,000 tenge
no more than 27.5%*
factoring transaction
Calculations preliminary. Contact with partners managers for a schedule for the payment.
Our managers will help you prepare your documents.
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Form |
Credit/credit line |
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Target segment |
MSME entities in accordance with the legislation of the Republic of Kazakhstan |
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Intended use |
Financing of factoring transactions of MSMEs in accordance with concluded factoring agreements in accordance with the terms of this Product Passport and the Loan Agreement. |
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Maximum factoring limit amount per MSME entity |
For the clients of Banks/Leasing/Factoring companies: No more than 500,000,000 (five hundred million) tenge. For MFO clients:
No more than 20,000 (twenty thousand) monthly calculation indicators established by the law on the republican budget for the corresponding year, unless otherwise provided by a decision of the authorized representative of the Fund. |
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Currency of financing (factoring) |
Tenge |
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Financing term (factoring) |
Not more than 36 (thirty six) months |
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Tranche term |
Not more than 12 (twelve) months. |
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Availability period |
No more than 12 (twelve) months.
In cases where the limit on factoring operations by the Partner is provided in the form of a revolving credit line for the purpose of replenishing working capital, the Partner has the right, after the expiration of the initially established period of availability, to extend to the MSME entity the period of availability of funds for such factoring, provided that during the initially established period of availability for factoring the MSME entity has fully exhausted the credit line limit. In this case, extension of the availability period is allowed an unlimited number of times during the entire term of the revolving credit line, subject to the conditions established by this paragraph of this Product Passport. |
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Remuneration rate (nominal) |
For Bank clients: Factoring transaction with regression - a remuneration rate increased not more than 7% (seven percent) percentage points of the placement rate (loan remuneration rate); A factoring transaction without regression is a remuneration rate increased not more than 8% (eight percent) percentage points of the placement rate (loan remuneration rate). For MFO/LC/FC clients: Factoring transaction with regression - a remuneration rate increased by not more than 12% (twelve percent) percentage points of the placement rate (loan remuneration rate)
A factoring transaction without regression is a remuneration rate increased by not more than 13% (thirteen percent) percentage points of the placement rate (loan remuneration rate). |
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Industry restriction |
No industry restrictions |
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Factoring transaction currency |
Tenge |
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Additional terms |
The terms of coverage for a factoring transaction are determined by the Partners independently. |
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Other conditions for providing loans/microcredits/factorings to MSMEs (consent of end borrowers to provide information and documents to the Fund, to conduct monitoring, etc.) are determined in the loan agreement. The Fund may establish additional financing conditions. |
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