Commercial loan (loan to replenish stock & capital) helps to increase the current assets and provide the opportunity to multiple the uses of finances that are necessary for you to increase the current assets at that particular moment.

In order to receive the Commercial Loan the following documents should be submitted:

• Filled credit application form;
• Certified copy of Statutes of the Company (as well as the amendments and changes);
• Registration certificate of the Company and Certificate of the taxpayer;
• Signature samples, documents regarding the signature rights for the officials, the passport;
• Business or credit utilization and payback plan;
• Documents testifying financial indicators of the company, balance sheet, profit and loss statement;
• Auditor's report about the recent accounting year;
• Reference regarding payment of taxes provided by the law;
• If necessary SMP Bank may demand also some other additional documents.

In order to receive the Credit there must be some kind of security. It can be:

• fixed assets (technological equipment, machines)
• current assets;
• money in the Bank;
• rights for claims (for instance, debts of debtors).

If security is the property, it is necessary to submit the documents that testify the property rights as well as the documents that testify rights to mortgage the property.

For example if security is current assets, it is necessary to submit excerpt for inventory balance in the warehouses or other trading places with signatures of management and stamp/seal, invoices or similar documents.

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