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Resources for your business

RESOURCES FOR YOUR BUSINESS

Kreditprombank offers as to individuals as to private entrepreneurs:

Term deposit – is provided for up to one year in national and foreign currency to finance your business. Loan is provided in a certain amount and for a certain term, which depends on your request and conditions of the project provided. Main amount of the debt and interests on the loan are repaid in accordance with set up schedule.

Tranche credit line. Kreditprombank clients can obtain a loan in a way of tranche credit line. Before the credit line is provided you have to complete the loan agreement in which total amount and main terms and conditions are discussed, as well as the pledge agreement. Loans are provided to the client in a way of tranches on the basis of separate agreements, in which the tranche amount, interest rate and maturity term (if necessary) of every tranche are discussed. Crediting on tranche line is provided in the measures of the total amount, agreed by the parties in loan agreement.

Overdraft. Kreditprombank provided overdrafts to the clients, possessing permanent replacements on the accounts for opened in the bank. The amount of overdraft equals from 10 till 30 percent from the amount of average monthly replacements on current account of the client for last three months. Overdraft can be provided by Kreditprombank without collateral.

As loan collateral Kreditprombank accepts: goods in turnover, property under the bank’s control, equipment, real estate, securities and so on. Property is accepted as a pledge on collateral value, which equals its market value deducting discount of the bank (discount amount depending on collateral property and its liquidity equals from 0,4 till 0,8%). Collateral value of the property to be pledged has to cover the loan amount and interest, counted for the whole maternity term.

Special offer overdraft for small business

WHY KREDITPROMBANK?

  • Interest tares and commissions are set individually after the examination of the clients’ applications. Kreditprombank provides to the clients separate tranches on individual conditions considering the client’s needs in credit funds.
  • Kreditprombank offers following tranches on credit line in maximum short terms, because general conditions of the loan and pledge are already finalized within first finalizing of credit line.

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