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Overdraft

Obtaining reasonably priced funds to finance your operations can support the development of your business. An overdraft helps you optimise the process of making payments to your counterparties, improve the effectiveness of your business finances and increase the stability of your business in an uncertain economic environment.

Key advantages:

  • Instant access to loan funds
  • No fixed monthly instalments to pay
  • No commitment fees
  • Streamlined application procedures
  • Flexible approach to collateral

Conditions for overdraft limits

Limit Up to 50% of the average monthly current account turnover for the last 12 months*
Maturity Up to 24 months
Currency UAH
Repayment Capital repayment at maturity is mandatory
Disbursement fee 1%
Extra charges • Loan administration fee
• Notarisation
Extra charges • Statement from the State Register of Encumbrances
• Statement from the credit history bureau
• Notarisation of collateral (if needed)
• Insurance (if required by the Business Committee)

* for existing business clients, turnover in ProCredit Bank current account. For new clients, turnover in any Ukrainian bank current account.

Updated on 01.12.2020 16:14:24
Created by Boldendeavours
e-Bankingx