Credit to finance trading operations
A loan that will allow clients to obtain financing for trading operations under concluded contracts for the supply of goods (agricultural products, fertilizers, gas and oil products, etc.). The product will be useful for agro and gas/oil traders, including foreign economic operators who need short-term financing to fulfill their obligations under the concluded contracts.
Main terms of financing:
- The maximum possible credit limit is UAH 50 million or the equivalent in foreign currency.
- The client's participation in the loan project with its own funds is not less than 30% of the amount of the contracts to be financed.
- Lending currency:
- national currency;
- foreign currency (US dollar, euro) to clients engaged in foreign economic activity who can confirm periodic and expected foreign currency earnings in the amount sufficient to repay the loan.
- The type of lending is in the form of a credit line.
- Term of the credit limit - the maximum term of the credit limit should not exceed 12 months.
- Term of the tranche - the maximum term of the tranche depends on the term of settlement under each individual contract.
- Payment of accrued interest is made on a monthly basis.
Type of collateral:
- guarantee of business owners - individuals,
- property rights under contracts of business entities,
- real estate,
- current assets (goods in processing, goods in circulation, finished goods),
- equipment,
- vehicles, machinery and agricultural equipment.
