Print |
Back

Fixed asset financing

A loan for acquisition of fixed assets is the fastest way for a company to purchase manufacturing equipment, motor vehicle or commercial transport, if there are no available funds for the purchase thereof. The Bank offers companies a long-term loan for acquisition of fixed assets secured by a real estate mortgage or other company’s assets registered in the Land Book and/or Commercial Register.

Loan Processing

To process a loan for acquisition of fixed assets, you need to present the following documents:

1) an application for a loan for legal persons

2) legal documents

  • registration certificate
  • company’s charter
  • copies of owner’s/owners’ passports

3) financial documents

  • statement from the State Revenue Service on tax payment (not older than 1 month)
  • balance sheets:
    • the last annual report with a mark by the SRS (with a breakdown)
    • balance sheet for the current accounting period (with a breakdown)
    • &L calculations for the current accounting period (with a breakdown)
  • business plan

4) Agreement on acquisition of fixed assets

5) other documents upon the Bank’s request