Loans
Overdrafts

Overdraft loans designed for legal entities and private employers, which were serviced in the system of the bank not less than 1 year. The credit can be given for financially stable clients for their payment drafts in case of insufficient funds on their account.

Terms:

  • The sum of the credit is up to 40% of average monthly turnover by an account for the last 6 months.
  • The period is up to 1 year.

Interest rates are from 2 to 5% of annuals.

Provision:

  • Financial stableness of the client (active account movement, stableness of the getting of incomes and profit, client’s reliable accounting which must be certified in tax agencies).
  • Pledge (liquid real estate).
  • Bank guarantee.
  • Warrantor.

List of required documents:

  • Client application.
  • Balance sheet for the last financial year, as well as for the last reporting date.
  • A certificate from the tax authorities that entity has no debt.
  • A copy of the passport of the director and chief accountant.
  • A copy of the authorized signature cards.
  • Business plan.
  • Copies of contracts with suppliers and customers.
  • The documents offered as collateral.