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Car loan

A car loan will help you purchase Ukrainian or foreign-made cars and machinery up to ten years old.
Key advantages
• Downpayment optional
• Flexible repayment schedule tailored to seasonal prevalence of your business
• Minimal disbursement fees; without supplementary commissions,  insurances or expenses connected with collateral – no collateral appraisal by independent experts
• Possibility to establish a framework agreement for repeat loans, with no extra charge for re-registration of collateral

Loan conditions

Amount  Up to USD 1,000,000, or equivalent
Tenor Up to 60 months
Currency  UAH, USD, EUR
Collateral Machinery to be purchased, guarantee, vehicles, equipment, working capital or products, immovable property
Repayment Equal monthly instalments, or flexible repayment schedule
Extra charges • Statement from the State Register of Encumbrances
• Statement from the credit history bureau
• Notarisation
• Insurance (if required by the Credit Committee)

How to apply?

To qualify for a car loan, you should own a business and its financial standing must be stable.

Before submitting your loan application, please make sure that you know exactly:

  • how much you wish to borrow;
  • what you intend to use the loan for;
  • how much you can afford to pay back each month.

Documents needed for a Business loan:

For sole proprietor

  1. Passport.
  2. Individual Taxpayer Identification Number on the Tax Administration’s Certificate .
  3. Copy of the Certificate of State Registration of the Sole Proprietor.
  4. Certificate of Registration of the Sole Proprietor with the State Tax Administration (Form 4-ОПП).
  5. Income declaration or other financial statement for the last reporting period (Form №2).
  6. Title deeds for property offered as collateral.

For legal entities

  1. Certificate of State Registration.
  2. Latest version of the founding documents.
  3. Certificate of Registration with the Administration of Statistics.
  4. Certificate of Registration of the Legal Entity with the State Tax Administration (Form 4-ОПП).
  5. Financial Statements: Balance Sheet (Form №1) and Profit and Loss Statement (Form №2) as of the latest reporting date with the statistical office’s stamps.
  6. Title deeds for property offered as collateral.
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