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| > Bank for business
> Structure, Trade and Project Financing > Alternative Business Financing Instruments |
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Postimport Financing |
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POSTIMPORT LOAN IN RUSSIAN RUBLES RUR |
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| Borrower | Enterprise-resident of Ukraine, providing foreign trade (import) activity |
| Lender | OJSC «Kreditprombank»ÎÀÎ |
| Calculation tool | As means of payment on foreign trade contract the Letter of Credit is used, being confirmed by foreign bank. |
| Type of loan | Trench credit-line (post-import loan) |
| Amount of financing | Equivalent 500 000 – 3 000 000 USD/EUR |
| Term of financing | Up to 1 year, including the term of the Letter of Credit activity |
| Interest rate | 13.5 - 14 % per year |
| Fees | Fees on the Letter of Credit approximately 1% of its amount |
| Purpose of loan | Financing of foreign trade contracts completed between the borrower and Russian supplier of production/services |
| Requirements | Existence of the foreign trade contract, corresponding the requirements of the current Law of Ukraine, providing the payment for the production supplied in way of the Letter of Credit |
| Security | Borrower’s assets, guarantees and warrants, other acceptable forms of security. Collateral value with consideration of the discount system provided by the lender has to cover the amount of potential obligations, including interests in the full amount. |
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