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ECO
SCHULTE INDUSTRIES
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: http://www.schulte.ca/
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%* | 14.75% | 15.50% | 16.00% | 16.50% |
20% | 14.00% | 15.00% | 15.50% | 16.00% | |
30% | 13.50% | 14.75% | 15.25% | 16.00% | |
50% | 12.00% | 13.75% | 14.50% | 15.25% | |
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 1 500 | ||||
Insurance | Obligatory | ||||
Early loan repayment fee | N/A |
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Notarial expenses for pledge contract | N/A |
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Collateral | Vehicles to be purchased | ||||
Loan approval time | From 3 to 10 days | ||||
Repayment form | Interest – every month Principal – seasonal schedule |
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Eligible clients | Legal entities |
* Without down payment for loans up to EUR 250,000 (or the UAH equivalent) and with a term up to 36 months or if covered by additional collateral (vehicles, deposit, equipment)
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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