Financing Program to Purchase Real Estate

Financing period: up to 7 years.

Loan amount: up to 75% of real estate cost, as evaluated by the Bank.

Financing currencies: UAH, USD, EUR, CHF.

Repayment schedule: loan principal is to be repaid on a monthly / quarterly basis in equal instalments (grace period is possible for a period of up to 6 months on order to redecorate the real estate purchased), interests are to be repaid on a monthly basis.

Purpose of loan: purchase of real estate (new or rented).

The following security is accepted:

• mortgage of the purchased real estate/ land plot;
• collateral of proprietary rights for deposit, allocated by the Borrower at JSCIB “UKRSIBBANK”;
• guarantee of the third party;
• other property of the Borrower;
• collateral and /or mortgage of the third parties.

These guarantees may be applied both separately and combined.

Categories of real estate to be purchased using the loan rendered within the framework of the program:

• Office premises.
• Store premises.
• Trade premises.
• Premises, in which production equipment for the borrower to carry out his/her business will be installed.
• Premises, purchased by companies to accommodate employees while on business trip.

Requirements, posed to real estate:

• Availability of well-developed secondary real estate market, permanent demand for real estate;
• Future pricing prospects available.

Product advantages:

• long-term financing, less demanding approaches towards discounting of the cost of object to draw up the collateral as compared to “classical” financing;
• monthly loan-related expenses are comparable to the amount of rent payments, but once the loan is repaid, real estate becomes the Borrower’s rightful property;
• the Borrower may avoid the risk of drastic rent increase;
• the Borrower may redecorate and reconstruct the purchased premise, avoiding the risk of expenses being lost once rent relationship is terminated, amortization, accrued to real estate purchased, decreases the tax base as far as income tax is concerned;
• once loan period terminates or once the sustainable part of liabilities to the Bank are settled, we will be able to secure the loan limit for the company. This loan limit may be used to upgrade and extend company’s business and replenish its working capital.

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