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Mortgage loan

 

This product was designed to provide clients with the mortgage loans to purchase office building, without burdening their own assets the majority of which is focused on loan portfolio.

 

This loan product is available for current clients with a positive credit history (at least, one repaid loan without any delays). Loans can not be used to cover company's operational or other costs.  

 

 Loan terms

 

  • Loan amount:

up to KGS 6 million

  • Term:

up to 60 months

  • Collateral:

movable (for example, loan portfolio), immovable property, guarantee

  • Interest rate*:

25% per annum (effective interest rate may reach 30% per annum)

  • Loan allocation fee:

1% of loan amount to cover partially due diligence and monitoring costs

  • Repayment schedule:

principal - on a monthly or quarterly basis by equal installments, interests - on a monthly basis

  • Other terms:

positive credit history with Frontiers at least during the past 6 months

  • Processing time:

up to 20 business days

  •  Loan application form:

 

download

 

 

 

 

201, Abdrahmanova Str., Bishkek,

720011, Kyrgyz Republic

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Email:      office@frontiers.kg

 

Tel./Fax:  +996 (312) 30 45 03
                 +996 (312) 30 45 11
                 +996 (312) 30 45 12

 

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