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Credit Line

For timely project implementation, you need flexible access to funds. With a payback period of up to 12 months, a credit line is a convenient way to finance your projects. This enables you to use loan funds when needed and to pay debts when cash assets are available.
Key advantages
• Unrestricted use of funds up to the established limit
• Repayment of principal at maturity
• Flexible approach to collateral
• Possibility to establish a framework agreement for repeat loans, with no extra charge for re-registration of collateral
• Setting a credit limit saves time on formalisation of loans

Loan conditions

Limit   Up to USD 1,000,000,  or equivalent
Tenor  Up to 12 months
Currency  UAH, USD, EUR
Collateral  Vehicles, equipment, working capital or products, immovable property, farm machinery, livestock, guarantee
Repayment  Interest is paid monthly, loan repayment in equal amounts, not later than the last 3 months

How to apply?

To qualify for a credit line your business must have held a current account with the bank for at least 3 months.

Documents needed for a credit line:

For sole proprietors

  1. Passport.
  2. Individual Taxpayer Identification Number on the Tax Administration’s Certificate.
  3. Documents relating to the proposed 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, stamped by the statistics office.
  6. Title deeds for proposed collateral.
  7. Title deed for manufacturing facilities where equipment and property offered as collateral is located.
  8. Land title deed.
  9. Land lease agreement.
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