Business loan refinancing — better terms
Business loan refinancing
About refinancing
Useful to know
Advantages
- Opportunity to reduce the interest rate on your existing loan
- Lower monthly payments by adjusting the term or the interest rate
- Consolidation of several business loans into one
- Optimization of the company’s credit burden
- Fast application review — from 3 to 5 business days
Financing terms
- Maximum amount — up to $1,000,000 or the equivalent in national currency
- Financing term
for working capital — up to 36 months
for fixed assets — up to 60 months - Interest rate — from 17% in national currency and from 12% in foreign currency
- Grace period — up to 6 months for the principal
- Currency — UZS, USD, EUR
3 steps to apply for refinancing
Loan calculator
| date | monthly_loan_payment | remain_loan_payment | percent | principal_debt |
|---|
preliminary_calculation
psk_description
Online service application
Required for submussion
Documents
- Application
- Financial documents
- Constituent documents
- Passport / ID card / TIN
Collateral
Main collateral
- Purchased vehicle
- Real estate
- Vehicles
- Cash funds
- Jewelry
- Gold bars and gold coins of the Central Bank of the Republic of Uzbekistan
Additional
- Guarantee
- Insurance
- Equipment
- Inventory
Frequently asked questions
Refinancing is the transfer of an existing business loan from another bank to Ipak Yuli Bank with the possibility to revise the loan terms, such as the interest rate, loan term, or monthly payment amount.
Yes. Within refinancing, several business loans can be combined into a single loan to simplify payment management and reduce the credit burden.
Yes, in some cases the loan amount may be increased if the financial condition of the business allows it.
The bank considers the terms of the existing loan, the company’s credit history, the financial condition of the business, and the borrower’s ability to repay.
Credit history is one of the factors in the decision-making process. The more stable the company’s payment discipline is, the higher the chances of approval.
Collateral requirements are considered individually and depend on the terms of the existing loan and the financial condition of the business.
You can leave an online application if you have additional questions about refinancing your business loan. Our manager will contact you and provide detailed консультация. To complete the refinancing process, you will need to visit any convenient branch of Ipak Yuli Bank.
Refinancing is available for legal entities and individual entrepreneurs registered in the Republic of Uzbekistan.
Bank on map
Other loans
Business loan refinancing
“Trend Motor” auto loan
Lixiang car loan for entrepreneurs
