Compensation – means reimbursement of a part of the interest expenses on loans (leases) of commercial banks by the Entrepreneurship Development Company JSC.
Compensation support of the company is provided within the framework of loans and leases provided by commercial banks.
This support is eligible for small businesses.
Compensation is not provided for the following areas:
–Production of alcohol and tobacco products and (or) organization of their trade activities;
–Repayment of previous loans or any other debt;
–Organization of activities of non-bank credit institutions, leasing and insurance companies;
–Organization and implementation of activities of trade enterprises, public catering and gas stations (with the exception of export financing, purchase and installation of “green” technologies);
–Formation of floating capital (except for export financing, tourism and creation of reserves of main agricultural products);
–Purchase of light vehicles and used trucks and their repair (except for trucks imported from abroad);
–Purchase of buildings and structures.
The company compensation only:
–registered and operating in the territory of the Republic of Uzbekistan;
–not at the stage of completion;
–insolvency proceedings have not been initiated against them;
–at the date of the application, there were no overdue debts for loans, leases, taxes and mandatory fees;
–stability rating indicator is not “D”;
–provided to borrowers who do not have a bad credit history and a negative history of the Company’s support (determined on the basis of information from the Credit Bureau “Credit-Information Analysis Center”).
The company’s compensation is provided only on the basis of an order sent through the company’s information system tadbirkor.statefund.uz