Loan for financing working capital

Home page Small and medium enterprise Loans for SME For small business Working capital loan

Product for financing the client's working capital (liquidity gaps) or for refinancing the client's existing debt with other banks.

Type of loan: revolving credit line.

Currency: UAH.

Purpose:

purchase of raw materials and inventory, payment for goods and services, other purposes related to operating activities (including payment of wages, mandatory budget payments, etc.);
refinancing of term debt on a working capital loan from another bank.

Loan term: up to 24 months, but with tranches of no more than 12 months.

Collateral: up to 300,000 UAH - unsecured; in other cases - secured by equipment, vehicles, or real estate.

Interest rate: 19% per annum, fixed for the entire loan term.

Interest repayment: monthly.

Commission: 1% of the loan limit amount (one-time).

Guarantor: business owner.

The client's business experience: more than 24 months.

Loan repayment: according to an individual schedule and/or a schedule for reducing the debt limit.

This loan product also provides for the possibility of lending under the state program "Affordable Loans 5-7-9%". In this case, the lending rate and the issuance fee are determined in accordance with the current conditions of the state program "Affordable Loans 5-7-9%".

More details at the link.

For more detailed information on the product terms and its processing, please contact the servicing branch.

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