Equipment not requiring installation


Designated purpose

Equipment not requiring installation*

Maturity

up to 10 years

First leasing payment

at least 15% of the value of subject of leasing *

Collateral

not required

Grace period for principal

 

 

up to 1 year

Grace period for interest

Interest rate

 

14.5 %

Annual effective rate

 

 

from 14.8%

Special terms


financing tenor is fixed according to the limit tenors under the similar investment trend) (see Financing of Investment Trends);

Principal and Interest Repayment Schedule

- principal repayment: at least 1 (one) time a year;

- interest repayment: at least 1 (one) time a quarter.


*These types of subjects of leasing may be obtained within ‘Master-leasing’. The service ‘Master-leasing’ is an opportunity to open a leasing credit line for the agricultural sector entities and fixing the financing limit by means of leasing for 1 (one) year, within which the borrower may within 1 (one) year enter into the financial leasing contracts under the terms applicable at the date of contracts without recurrent provision of a full set of documents within 1 (one) year.

Approved by the Resolution of the Board of Directors of KazAgroFinance JSC No.6 dated 28.03.2018