Credit line
A credit line is a manual form of lending that allows you to receive funds in installments (tranches) within the established limit. You can use this resource for different amounts, terms, and purposes. A credit line will meet the needs of your business for additional resources for the purchase of materials, equipment, expansion of activities or implementation of new projects.
It's no secret that lending is one of the key tools for effective business management.
A positive effect from the use of borrowed capital is possible only if the profit it provides exceeds the amount of interest on its use.
How not to make a mistake? It's simple: highly qualified experts of our bank will help you to 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 or 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.
- 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.
