JSC "PRAVEX BANK" offers existing clients of the bank – individual entrepreneurs - solutions for financing their current activities - "Overdraft to the current account for individual entrepreneurs of the small business segment".
The product is designed to finance temporary liquidity gaps within the client's operating activities.
Benefits: stable access to funds, accrual of interest on actually used funds, no collateral
Type of loan: unsecured callable loan (overdraft) to the client's current account in JSC "PRAVEX BANK"
Amount: up to UAH 500,000
Term: up to 12 months with the possibility of prolongation
Limit repayment: every 60 calendar days
Repayment of interest: on the 1st of each month
Interest rate: 21%
Commission: 1% of the credit limit amount (one time)
Collateral: without collateral, a guarantee is provided for an overdraft amount of more than UAH 150,000.
In order to obtain more detailed information on the conditions of the product and its design, please contact the service branch.