Subsidizing projects under the lending facility for priority projects
Maximum amount:
5 bln tenge
Interest rate:
NBRK base interest rate+4.5% margin
Term
up to 7 years
Loan purpose:
Investments;
financing working capital
How to apply
1
Consulting
2
Preparation of documents
3
Submitting an application
4
Approval
Maximum loan amount: 5 bln tenge
Purpose of financing: investments, working capital financing.
Interest rate: NBRK base interest rate+4.5% margin
Subsidized interest rate: up to 12.5%.
Term of subsidizing a loan:
— for investment purposes – not more than 7 years without the right to extend the term of subsidizing.
— for working capital financing – not more than 3 years without the right to extend the term of subsidizing
Refinancing of the loan: not provided.
Existing loans: loans issued by banks after the effective date of Government Resolution No. 820 dated 11 December 2018 are eligible.
Participants:
private entrepreneurship entities (SME and major business).
Financial leasing loans/agreements shall not be subject to subsidies:
1) in which the lender is state development institutions, excepting the development bank, as well as loans/leasing transactions, the interest rate on which reduced at the expense of budgetary funds, excepting loans/leasing transactions of banks/development bank/leasing companies, the interest rate on which reduced under the Program;
2) aimed at repurchase of shares, shares of companies and property complex enterprises;
3) in the form of an overdraft;
4) under return, secondary leasing or subleasing;
5) under projects implemented by entrepreneurs/enterprises engaged in industrial and innovative activity, for the following operations: construction of residential buildings, including individual residential buildings (OKED 41.20.1); construction of category 1 stationary commercial buildings (OKED 41.10.3) in Astana, Almaty; purchase and sale of apartment and residential buildings (mansions) (OKED 68.10.1); purchase and sale of other real estate (OKED 68.10.2), excepting purchase and sale of other real estate: exhibition halls, warehouses; lease and management of own real estate (OKED 68.20.1), excepting individual business entities, as well as leasing and management of own real estate: non-residential industrial buildings (premises); exhibition halls, conference halls, warehouses and storage areas, including those with their own railway access roads, assigned customs warehouses, with storage tanks for liquids (petroleum products) for the needs of main pipelines and gas distribution systems, land plots, roofs of industrial premises for placement of technological resources; lease (sublease) and use of leased real estate (OKED 68.20.2), excepting individual business entities, as well as leased real estate: non-residential industrial buildings (premises), exhibition halls, conference halls, warehouses and storage areas, including with their own railway access roads, assigned customs warehouses, with storage tanks for liquids (petroleum products), land plots, roofs of industrial premises for placement of technological resources; car rental and lease (OKED 77.1), these restrictions shall not apply to rental and lease of passenger cars of domestic manufacturers;
6) aimed at microfinance and leasing companies activities.»;
Mandatory terms:
Retention/increase in jobs and/or tax payments and/or output (in monetary terms), and/or 10% income growth after two (2) fiscal years from the date of the decision of the working body/financing agency to subsidize and/or guarantee (non-exempt enterprises ensure that tax payments increase as per the requirements of the mechanism)
