Credit line

Credit line - a type of loan that involves the possibility of phased use of credit within the established limit.

CREDIT AGRICOLE provides a revolving credit line that allows the customer to re-obtain the loan within the free limit when repaying the loan or part of it.

Advantages:

complete repayment at the end of the effective period of the limit

flexible form of financing

provision of installments without additional documents

Сonditions of financing
Object of financing	financing of purchasing of materials, raw materials, goods and other commodities; financing of current activity and current сosts connected with product manufacturing, recycling and distribution; refinancing of loan for working capital financing in other bank
Financing period	Up to 12 months
Currency ¹	UAH	USD	EUR
Financing price ² (include interest rate and commission for loan issuing)	15 % 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 financing	Loan is provided in form of revolving сredit 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).
Requirements for collateral	Property owned by the client/ property guarantor (real estate, equipment, vehicles, other assets).
Insurance of pledged property	At any insurance company approved by the bank on customer’s choice.