If you are planning to modernise or acquire domestic or foreign fixed assets, Bank "Aval" is willing to offer you a unique possibility: -a long term loan in UAH at the minimal interest rate of the Ukrainian market for amounts of between UAH 500,000 and UAH 50 million!
The loan period is determined on the basis of the recoupment of the project financed, which can be up to three years.
The loan amount can reach 50% of the market value of the enterprise’s assets at the time of loan application, as determined by the Bank’s experts.
The enterprise-borrower should use its own resources to finance at least 20% of project costs.
Interest rates are established as 22 — 23% per annum, depending on certain conditions, however in each case, this can be decreased by a decision of the Loan Committee. Interest payments against the loan are made monthly.
The enterprise’s existing business at the time of loan application should guarantee interest payment throughout the loan period, regardless of the income foreseen by the innovation-investment project.
Bank "Aval" determines the value and type of guarantee of loan repayment on an individual basis.
The conditions of the programme do not foresee the provision of funds for repaying the enterprise’s existing debts or replenishment of its working capital.
Advantages:
A possible grace period of up to 18 months.
Minimal interest rate on the Ukrainian market, which cannot be increased during the loan period
Loan applications are accepted in each of the Bank’s 1,400 branches throughout Ukraine.
Loans are extended for the purchase of capital goods, either domestic or foreign production.
A flexible approach in determining the loan period, interest rate, the value and type of loan repayment guarantee is determined by the Bank on an individual basis.
The loan period is determined on the basis of the recoupment of the project financed, which can be up to three years.