SCHULTE INDUSTRIES, a 105-year old Canadian company, is the leader in the industry of commercial rotary cutters, snow removal equipment and rock removal equipment with over 35 distributors, and sales to over 60 countries.

Official site:

Individual lending conditions

New machinery Down payment Established annual interest rate for loans, for Customers
Up to 12 months 13-24 months 25-36 months 37-60 months
SCHULTE machines 0%* 12.00% 12.75% 13.25% 13.75%
20% 11.25% 12.25% 12.75% 13.50%
30% 10.75% 12.00% 12.50% 13.25%
50% 9.25% 11.00% 11.75% 12.50%
Loan amount From UAH 2,000,000
Term Up to 60 months
One-time activation fee 1% of the loan amount
One-time extract fee UAH 500
Insurance According to the decision of credit committee
Early loan repayment fee N/A
Notarial expenses for pledge contract N/A
Collateral Vehicles to be purchased
Loan approval time From 3 to 10 days
Repayment form Interest – every month/quarter**
Principal – seasonal schedule
Eligible clients Legal entities, entrepreneurs

* Without down payment for loans up to UAH 7,000,000 and with a term up to 36 months or if covered by additional collateral (vehicles, deposit, equipment)
** In case the quarterly repayment schedule the interest rate increases by 1%

Additional advantages:

  • Grace period on first principal payment of up to 11 months
  • Credit limit established for every client
  • Individual approach toward every business based on client’s situation
  • Professional team, experienced in working with agricultural producers

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Updated on 21.03.2018 16:53:36
Created by Boldendeavours