Borrower contacts one of partner banks of OJSC “Guarantee Fund” with loan application
The Bank independently considers the application of the Borrower, analyzes the submitted documents and assesses the financial condition. If the only obstacle to obtain a loan is insufficient collateral, then the Partner Bank informs the Borrower about the possibility of attracting guarantee of OJSC “Guarantee Fund”.
If the Borrower agrees to obtain a guarantee of the Fund, the Partner Bank will deliver a signed application to OJSC “Guarantee Fund” for guarantee provision. Simultaneously with this application, the Partner Bank sends the required package of documents.
OJSC “Guarantee Fund” in short term from the moment of receiving application takes a decision according to Guarantee application.
In case of a positive decision, a trilateral guarantee agreement is concluded.
The Borrower before obtaining a loan, pays the guarantee commission, according to the established tariff.