Credit line
A credit line is a form of lending that allows you to receive a loan in installments (tranches) for different terms, in different amounts and for different purposes within the established limit. A credit line will satisfy the need of enterprises for additional resources for the purchase of materials, equipment, business expansion, and project implementation.
It is no secret that lending is one of the main mechanisms of effective enterprise management.
A positive effect from the use of borrowed capital is possible only if the profit provided by the borrowed capital exceeds the amount of interest for its use. How can you avoid making a mistake? It is very simple!
Highly qualified bank specialists will help you conduct a financial analysis of your company.
What you need to get a loan:
- An open current account with JSB "Clearing House".
- No overdue debts on any financial obligations.
- No negative credit history with JSB "Clearing House" and/or other banks.
- Business plan, feasibility study of the loan project.
- Availability of liquid collateral.
Main conditions of granting:
- Type of credit: revolving/non-revolving credit line.
- Maximum loan term: up to 36 months depending on the purpose of the loan.
- Type of interest rate: fixed. The amount of interest is set by the authorized body of the bank.
- The term of the tranche depends on the intended use of the loan:
- for financing fixed assets - up to 36 months;
- for financing working capital - up to 12 months.
- Collateral: pledge of the borrower's property and/or property guarantee. Lending currency: national currency or foreign currency (US dollar, euro).
- Repayment: an individual repayment schedule is possible for each individual tranche.
