A WHOLE BANK JUST FOR YOU
| Terms of financing | |||
|---|---|---|---|
| Object of financing | 1) financing purchases of permanent assets (except vehicles) for conducting business activities; 2) modernization /repairs of real estate used in business activity; 3) other investment needs of business aimed at its development and expansion (including construction). | ||
| Maximum loan amount | Up to 75% of the project’s cost – in case the property which is purchased for credit funds is a single collateral; Up to 90% - if other property is provided as a collateral. | ||
| Financing period | Maximum period of financing:
| ||
| Currency [1] | UAH | USD | EUR |
| Financing price [2] (include interest rate and commission for loan issuing) | 14% p.a. | 6,5% p.a. | 5,5% p.a. |
| Other bank’s commissions | Other commissions could be set as per arrangement with a client. | ||
| Other possible costs | Payment for the services of third parties (insurance company, notary, property appraiser, etc.) - according to the tariffs of such third parties chosen by the client for receiving the relevant services. | ||
| Form of loan disbursement | Loan is provided in form of non-revolving credit line. Credit funds are transferred in cashless form from the loan account to the current account of the borrower or counterparty according to agreement/invoice (in case the client provides such instructions). | ||
| Repayment sсhedule | Loan is repaid in equal amounts on a monthly basis, payment of interest - on a monthly basis. The first repayment of loan can be deferred, if such deferred payment is reasonable. Maximum period of deferment - 6 months from the start of financing. | ||
| Requirements for borrowers | 1) customer whose business is in operation not less than 12 months; 2) financial stability and solvency; 3) opening of a current account with PJSC “CREDIT AGRICOLE BANK” and transfer of turnovers in proportion to loan debt. | ||
| Requirements for collateral | Property which is purchased for credit funds and/or property owned by the client/ property guarantor (real estate, equipment, vehicles, other assets). | ||
| Insurance of pledged property | At any insurance company of customer’s choosing from those approved by the Bank | ||
[1]: Foreign currency loan is extended only if there are foreign currency revenues.
[2]: Financing price could be set individually as per arrangement with a client.
