|
Kreditprombank offers extremely favorable terms to obtain loans for import from European countries and from the USA due to credit funds of primary foreign banks.
These credits are much cheaper for the client, than standard ones, due to the foreign lending funds. Kreditprombank, from its side, will perform all necessary procedures to facilitate your enterprise to get the loan against import of necessary production.
 |  |
FINANCING AGAINST IMPORT OF FOREIGN PRODUCTION |
 |
 |
| Importer/Borrower | An enterprise of non-sate form of ownership with business experience |
| Exporter/Manufacturer | An enterprise/organization, which is located in European countries or America, acceptable for the Funding Bank and Insurer |
| Exporter’s Bank | Foreign bank, acceptable for Exporter/ Manufacturer |
| Funding Bank | One of the first class foreign banks |
| Insurer | National Export Agency |
| Amount of credit line | from 1,000,000 up to 10,000,000 euro or equivalent in USD |
| Credit line maturity term | Up to 10 years |
| Purpose of the loan | Financing of foreign trade deals, completed between Importer/Borrower and Exporter/Manufacturer for purchasing fixed assets |
| Loan repayment | Equal monthly payments after 6 months equipment is in operation |
| Cost of funds | 9,0-11,5% per year, with current rate consideration EURIBOR (LIBOR), commission and interests compensation by Funding Bank, insurance cost of Insurer and total maternity term and credit risk |
| Mandatory conditions | Loan amount equals not more than 85% foreign trade deal cost |
| Credit line collateral | Assets of Importer/Borrower, guaranties and warranties, other acceptable collateral forms |
The financial conditions provided are not final and can be changed in any concrete case |
|