The first step for receiving credit is presentation of necessary documents.

So, do your first step presenting documents to the bank as follows:


Basic documents

• Application for commercial and lending services, with indication of objectives for financing, expenditure targets and amounts; a substantiation may be requested as regards the information included in the application
• Statement or extract from the minutes of the General Meeting or sole shareholder decision on receipt of financing and property to be pledged
• Copy of the Charter and for individual entrepreneurs and individuals  copy of passport
• Copy of State Registry statement
• TIN (tax code)
• Copies of passports of founders, director, and chief accountant
• Statement on stakes of company and shareholders in other companies
• Statement on tax and social welfare liabilities
• Copy of ownership certificate or lease contract of business place, reference from the place of residents for individuals
• Patents and licenses for patented or licensed activities
• Ownership proofs (sales agreement, etc.) of assets offered as a security (real property, fixed assets, movables, goods and materials, etc.) and other documents certifying ownership /original copies of ownership certificates and log books and technical documentation of motorcars and equipment/
• Valuation (revaluation) certificate or basis for assessment of a pledge offered as a security
• Copies of passports of individual pledgers/mortgagors and their guarantors/underwriters, if any
• for individual pledgers/mortgagors, marriage certificates, and a  written consent of the mortgagor's spouse

Additional documents or information on financial activities

• Financial statements approved by tax inspectorate or accompanied by auditor's report; reports for certain periods for particular types of financing
• Other documents certifying creditworthiness and/or income source of individuals
• List of fixed assets, including quantity, balance value, and acquisition date
• Cash flow in particular timeframe for certain types of financing
• Balance of accounts receivable and accounts payable according to nomenclature of debtors and creditors, dates of incurring and repaying respectively
• Statement on stocks of goods and materials
• Statement on annual level of production by months; or for a particular period, depending on the type of financing
• Annual level of sales for goods and/or services by month; for a particular period, depending on the type of financing
• Cash receipts from sales by months or for a particular period, depending on the type of financing
• Expenditures by items and months or for a particular period, depending on the type of financing
• Other documents certifying contracts, bids and orders, invoices, and a normal analysis of sales
• Forecasts (financial flows, business expansion, etc.)
• Flow of bank accounts (for the previous and current years)
• Statement on credits in other banks (balance, maturity)

Other documents and information

• Additional documents may be requested if necessary

Documents and information needed to complete formalities for a loan

• Reference from an appropriate body, including:
  a) on share ownership:
  - issued by the State Registry for LLCs
  - issued by an organization maintaining registry for owners of issued shares for joint-stock companies,
  b) on the last amendments to charter
  
• Documents certifying assets pledged as a security, receipts of insurance fee (in case of insurance request)
• A consolidated statement on assets to be pledged/mortgaged from a territorial division of the State Cadastre
• Statement from Traffic Police on existence or absence of lien on the vehicle to be pledged
• Marriage (or spouse death) certificate for individuals
• Receipt of a one-off commission for individuals

After all the necessary documents have been accurately submitted by the customer, decision on loan application is made during maximum one month (in case of corporate loans), and the loan is granted to the creditor after all the documents and agreements have been signed and ratified in state bodies.

The following are some of the main factors of granting or denying a loan to the customer:

• Financial status
• Credit past
• Other

Application-for Large Financing

Application- for Express 24, Micro financing and list of necessary documents

Application- for Small and Medium financing   and list of necessary documents