Financial leasing according to the Express-Leasing program is carried out under the following terms:

 

Financial leasing under the Program "Express-Leasing" is provided on the following terms:

Designated purpose

Domestic and foreign mounted and towed machinery

Domestic and foreign self-propelled machinery

Instrument

Leasing

Term

When cost of one unit of subject of leasing 

When cost of one unit of subject of leasing, as well as total value of some subjects of leasing used together (including together with mounted/towed machinery)

Up to  KZT25 000 000

KZT25 000 000 and over

up to KZT25 000 000

KZT25 000 000 and over

Not more than 5 years

Not more than 7 years

Not more than 10 years

First leasing payment

At least 25 % of value of subject of leasing

At least 20 % of value of subject of leasing

At least 15 % of value of subject of leasing

Interest rate

16% p.a.

Effective rate

From 16,4% p.a.

Collateral

Not required

Grace period for principal and/or interest

Not more than 1 year

Source of financing

 Non-Budgetary Sources of Financing (NBSF) (JSPF)– financing is provided from the non-budgetary sources at the expense of the Company's own and raised funds, including the funds raised from Joint Pension Savings Fund (JPSF). At that, financing of leasing projects (purchase of agricultural machinery and equipment to be further leased) at the expense of funds raised from JPSF is provided only within the trends for meat and milk production and processing, as well as feed production, otherwise financing is provided at the expense of NBSF, except for the funds raised from JPSF.

Special terms

It is possible to consider the financing for leasing of agricultural and special machinery (domestic and foreign mounted and towed machinery, self-propelled machinery) on "Express-Leasing" terms (accelerated consideration of the Project based on template file) for machinery with the value of up to 0.02 (zero point zero two) % of the Company's calculated equity.