• Decision of the authorized body of the partner bank indicating the notes regarding the issuance of the loan and the guarantee, as well as the result of the bank’s internal credit rating model;
• Documents and information reflecting the borrower’s financial position;
• The borrower’s loan application submitted to the authorized bank and the credit report;
• The borrower’s loan application submitted to the authorized bank and the credit report.
• If the borrower and the guarantor are legal entities, credit reports of individuals and/or legal entities holding more than 25% ownership interest in their authorized capital;
• Identification documents of individuals holding more than 25% ownership interest in the borrower’s authorized capital, as well as individuals providing collateral for the loan (guarantors, pledgors/mortgagors, etc.);
• An extract from the state register regarding the borrower’s legal representative (if the borrower is a legal entity), legal entities holding more than 25% ownership interest in the authorized capital, as well as legal entities providing collateral for the loan (guarantors, pledgors/mortgagors, etc.).
• A document confirming the ownership right to the property serving as collateral (mortgage) for the loan;
• Valuation report of the subject of pledge (mortgage);
• A document confirming that the borrower is not a related party to the authorized bank, signed by the authorized representative of the bank;
• A document confirming the borrower’s consent to the transfer of their information to the Fund.

• The decision of the authorized body of the authorized bank indicating the details regarding the issuance of the loan;
• The entrepreneur’s loan application and credit report;
• If the entrepreneur is a legal entity – its constituent documents, including the charter, extract from the state register, and TIN; if an individual – an identity document and TIN;
• If the entrepreneur is a legal entity – credit reports regarding individuals and/or legal entities holding 25% or more participation in its charter capital;
• A document signed by the authorized representative of the authorized bank confirming that the entrepreneur (if a legal entity – the individuals and/or legal entities holding 25% or more participation in its charter capital; if an individual – their close relatives or family members conducting joint household activities) is not a related party to the authorized bank;
• A document confirming the entrepreneur’s consent to the transfer of their information to the Fund;
• A relevant document confirming the absence of overdue obligations related to taxes and other mandatory payments in the Republic of Azerbaijan, as well as the absence, during the past 1 (one) year (regardless of any suspension of activity), of any cases of failure by the taxpayer to fulfill obligations established by the Tax Code of the Republic of Azerbaijan;
• When collateral is provided for the loan, a document confirming ownership rights to the property serving as the pledged (mortgaged) asset, as well as the valuation report of the pledged (mortgaged) asset;
• The relevant license or permit for carrying out the respective type of entrepreneurial activity or performing specific actions (when required by law).

• Issuer's Order Application (Form);
• Copies of the issuer's incorporation documents, including the certificate of state registration (extract from the state registry) and the Taxpayer Identification Number (TIN) document;
• Financial statements for the last 2 (two) years audited by an independent auditor;
• A reference provided by the bank regarding the issuer's financial condition for the last year;
• Relevant supporting documents from the competent authorities regarding claims against the issuer.

When a guarantee is provided for loans obtained by entrepreneurs in manats, a one-time commission of 0.4 percent is charged by the authorized bank. This amount has been approved below the maximum limit of 0.5 percent established by legislation.

GUARANTEE COMMISSIONS

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During the validity period of the portfolio guarantee, the authorized bank submits the annual commission report to the Fund within the first 5 (five) business days of the month following the reporting month and pays the annual commission to the Fund.

All rates related to portfolio guarantee commissions

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The commission under the guarantee is determined as follows, depending on the maturity period of the bonds:

All rates related to guarantee commissions on bonds

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