Financing Program to Purchase Equipment

Purpose of loan: purchase of the new equipment and special purpose equipment to upgrade or extend the Borrower’s business.

Financing period: up to 3 years (in separate cases, depending on the type of equipment, longer financing may be possible, as decided by the Bank’s Credit Committee)
Loan amount: 60% - 70% of the equipment cost as evaluated by the Bank (depending on the type of equipment purchased). Loan amount may exceed the amount stated should liquid property collateral agreement be drawn up.

Financing currencies: UAH, USD, EUR, CHF.

Repayment schedule:

• loan – on a monthly basis in equal instalments;
• interests are to be repaid on a monthly basis.

Security:

• purchased equipment;
• guarantee of the third party – in separate cases, as decided by the Bank’s Credit Committee.

Types of equipment and special purpose equipment, which may be financed within the program:

• Industrial equipment – wood- and metal-working equipment, wood drying tunnels
• Industrial printing equipment
• Food industry equipment – complex mini-bakeries, complex equipment for meet and dairy industry
• Refrigerating equipment for retail trade
• Equipment for service industries (car maintenance, complex equipment for filling stations, sewing equipment, complex equipment for dry-cleaners, solariums)
• Truck-mounted exploration and drill towers
• Harvesting vehicles
• High capacity vehicles, excavators, caterpillars and wheel tractors, used for construction and mining purposes
• Self-propelled machines for construction of roads
• Automated lift trucks of various kinds, motor- and power trucks.

Requirements, posed to equipment:

• It is to be brand-new and have a wide sales area.
• It is to be dismounted easily and not be depreciated and disabled significantly when dismounted.

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