Documents needed for a legal entity to apply for a loan
- Articles of association
- Authorisation and licenses, if required pursuant to low
✓ Copy of the identity document of the representative of the legal person
- Audited annual report for the previous financial year with an auditor’s report, if auditing is mandatory pursuant to law
- Quarterly balance sheets and income statements of the current year that are not older than 120 days
✓ Business plan, if required
In case of collateral security:
✓ An extract from the relevant register or Land Register regarding the collateral;
✓ Contract of sale, acceptance and delivery report, commercial lease contract, etc;
✓ The decision of property owner in writing to provide assets as security;
✓ The power of attorney to sign the guarantee contract, if the contract is not signed by the property owner or his legal representative;
✓ The valuation report of collateral issued by an appraiser accepted by the Bank;
✓ Insurance policy for benefit of the Bank, issued by the insurance company accepted by the Bank (to be issued after the conclusion of the guarantee contract).
In case of suretyship /guarantee:
✓ Copy of registry card from Commercial register of a surety/ guarantor;
✓ Copy of surety’s/ guarantor’s articles of association;
✓ If there is a supervisory board, resolution (consent) of a supervisory board to provide suretyship/ guarantee;
✓ Surety’s/ guarantor’s audited annual report for the previous financial year, if auditing is mandatory pursuant to law;
✓ Surety’s/ guarantor’s quarterly balance sheets and income statements of the current year;
✓ Copy of the identity document of the private person –surety/guarantor or copy of the identity document of the representative of the legal person- surety/guarantor;
✓ Application form for private person-surety;
✓ Application form for enterprices-surety/guarantor;
✓ Private person- surety’s six-month account statement certified by the bank if income is not received in TBB pank;