Motor vehicles and trucks, trailers and semi-trailers, vehicles for the carriage of passengers.
CREDIT AGRICOLE offers a program of financing for the purchase of transport vehicles for business purposes.
You have an opportunity to receive a loan for the purchase of motor vehicles and trucks, trailers and semi-trailers, as well as vehicles for the carriage of passengers, both new and used.
|Terms of financing|
|Object of financing||New and used vehicles:|
1) motor vehicles;
3) trailers and semi-trailers;
4) vehicles for the carriage of passengers
|Maximum loan amount||Up to 70% of the market vehicle’s value – in case the vehicle which is purchased for credit funds is a single collateral.|
Up to 85% - in case of additional collateral providing.
|Lending period||Depending on the vehicle type up to 60 months|
|Form of loan disbursement||1) for new vehicles - funds are transferred in cashless form from the loan account to the current account of the seller.|
2) for used vehicles – funds are transferred in cashless form from the loan account to the current account of the seller or buyer.
|Amortization schedule||Monthly in equal installments on loan principle and interest accrued on the actual loan outstanding|
(include interest rate and commission for loan issuing)
|15 % 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.|
|Requirements for borrowers||1) legal entities and private individuals-entrepreneurs with the business operating at least 12 months;|
2) to have competence and legal capacity according to the current legislation of Ukraine;
3) not to have past dues exceeding 30 days for the last three years in banking facilities;
4) not to have suits or claims filed against them or be involved in court proceedings which cost doesn’t exceed 5% of its assets at the moment of application for a loan;
5) to be a resident of Ukraine.
|Requirements for collateral||Vehicle 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|
: Financing price could be set individually as per arrangement with a client.