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|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 ||Depending on the vehicle type up to 70% of the vehicle market value (up to 85% if additional collateral is provided)|
|Lending period||Depending on the vehicle type up to 60 months|
|Currency||UAH, USD, EUR|
|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|
|Commission for loan issue||One-time payment of 1% of the amount of established limit|
|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||Transport vehicle purchased at the expense of credit funds and/or other movable or immovable property belonging to the borrower/surety|
|Insurance of pledged property||At any insurance company of customer’s choosing from those approved by the Bank|
 Provided the enterprise has revenues in foreign currency