Home Services For Your Business:   Loans For Agricultural producer:   Seasonal loan

Seasonal loan

Seasonal loan is a good choice for  agrarian business. With its help it is possible to buy all necessary by a season now and to repay the loan when the production will be realized.

Key advantages
• 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 12 months
Currency  UAH, USD, EUR
Collateral

Immovable property, vehicles, equipment, guarantee, deposits in the bank
Repayment Repayment is carried out last month by one payment or 2-3 equal parts in the end of term
 
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 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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