Overdraft

Overdraft is a short-term loan, provided by the Bank to reliable Clients beyond the balance of his or her current account at the Bank within the amount previously set (overdraft limit) by debiting this account at the expense of the Bank’s loan funds.

Financing period: up to 12 months.

Loan amount: depends on the service experience with UkrSibbank and the volume of cash flows transacted.

Purpose of overdraft: replenishment of working capital.

Overdraft currency: national currency and/or foreign currency (USD, EUR, RUR).

Interest rate and fees: determined on individual basis for every client and project.

Security:

• personal guarantee of the company director;
• real estate, goods in circulation, other property of the borrower or of the third parties;

Product advantages:

• fast and simple evaluation of Borrower’s credit solvency to amount to UAH 2.0 mln.
• option of financing only as guaranteed by the company director,
• lower discounts and coverage indices for the guarantee.

Professionals of the Corporate Banking Department are ready to advise you on financing terms and collection of documents to be rendered a loan: Contacts.