Corporate Credits

For convenient work with credit resources “BTA Bank” CJSC offers such product as credit lines.

The product allows to reach the following purposes:

To increase quality and speed of the service
To cut down the client’s expenses for securitization
To provide permanent access to credit resources
Individual approach to the client
To shorten time of the credit processing
Long term cooperation between the client and the bank

To formalize the credit a potential Borrower is to have stable business working not less than 3 months (non-stop) before applying for the credit. The following economic sectors are being financed: trade, services, manufacture, agriculture. The credit lines can be formalized in USD and KS.

Interest rate is defined depending on credit investigation, financial flows of a client, inquired term, purpose and character of the object being credited.

Commission: 2% from amount of credit line/credit.

Period of consideration: up to 10 business days from day of providing of full necessary package.

Credit term depends on a structure, field of the business and the purpose of the credit on every credit project. Maximal term of the credit line shall not exceed 36 months. The client can totally call in one of the current subcredits. Increase of the sum or term of the credit line limit is allowed if financial analyze shows the Borrower’s potential.

Amount of security on the credit line shall amount 120% minimum from the sum of the credit line. Real and personal property, transport, guarantee and etc. can serve as collateralized property

The Borrower (a corporate body) shall submit the following documents to the Bank:

An application for credit granting with the stated purpose, required sum, credit terms and conditions
Notarized copies of founding documents
Copy of Vat number card
Annual financial report with the mark of tax administration including balance and a report on profit and loss at the end of a foregoing year and on the last date of the report (audit report is required if there is one)
Statistics registration card
Notification from the tax administration, social fund at the place of registration about absence of debts (to make certain that the granted credit won’t be spent for dept repayment in the budget)
Protocol of an authorized department for the credit receiving in the Bank
Notarized card with examples of signatures of the persons having right of the first and second signature (copy of the card is enough if the Borrower has a transaction account)/li>
Copies of the documents identifying the directors of the company
Documents on collateralized property
Other documents which can be required (contracts, agreements, recommendation letters, approvals, licenses, certificates and etc.)

Borrower (Businessman) or a person working on a license submits the following documents to the Bank:

An application form
A certificate of his registration as a businessman or a license
References on the absence of debts taken from the tax administration, social fund in the place of registration (to make certain that the granted credit will not be spent for dept repayment in the budget)
Income declaration for the last accounting period
Documents on collateralized property
Other documents which can be required (contracts, agreements, recommendation letters, approvals, licenses, certificates and etc.)

There are some other documents for the credits granted by the Bank including those on International credit lines, which can be useful for the corresponding analyze and assuming timely measures on the situation control.