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TERMS AND CONDITIONS |
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| Borrower | Private entrepreneur or enterprise (PE, LLC) that at the moment of loan disbursement have existing business.
Area of activity: trade, production, services. |
| Amount of credit line | USD 30 000 - 500 000 (equivalent in UAH, EURO) in cash or non-cash form. |
| Term of credit line | Up to 10 years. |
| Term of a tranche | Up to 7 years. |
| Term of execution | 7-15 days from the moment of loan application. |
| Purpose of loan | Loans are provided for any purposes, including for:
- Purchase of equipment, vehicles, real-estate;
- Replenishment of goods assortment;
- Opening of new business direction;
- Personal needs of an entrepreneur.
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| Loan repayment | Loan is split into equal parts, interest amount is paid upon the fact. Individual schedule or payment deferral is possible on your choice. |
| Loan security | Collateral requirements are minimal. Any property owned by you can be pledged: inventory, trade equipment, any personal property (audio-, video appliances, vehicles, real-estate). |
| Loan granting fee | Pursuant to Loan agreement |
| Benefits |
- Possibility to have at one time unlimited number of tranches in different currencies (UAH/USD/Euro);
- Early repayment (full or partial) at any time without penalty;
- Time saving as there is no need to approve each tranche separately (by decision of the Bank);
- One time collateral processing;
- Pledge insurance and notarization of agreements (except real-estate) are not mandatory;
- Collateral evaluation is made at market value with minimal discount rates which allows you to obtain maximum possible amount of loan against the collateral provided.
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| Additional information | Classic multi-currency credit line is convenient for entrepreneurs who need to replenish their working capital on a regular basis, e.g., to buy lots of goods in advance for a season or purchase raw material for further production. |