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; 2) trucks; 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 | ||
| Currency | UAH | ||
| 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 | ||
| Financing price
[1] (include interest rate and commission for loan issuing) | 12,5 % 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. | ||
| 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 | ||
[1]: Financing price could be set individually as per arrangement with a client.
