Loans to Small and Medium Enterprises

Loans to Small and Medium Business are traditionally the priority orientation for Piraeus Bank Group. Almost half of Group’s total loan portfolio falls on loans to this segment (private-entrepreneurs and legal entities with annual sales up to UAH 250 mln).

Loans for business development from Piraeus Bank in Ukraine with attractive interest rates and preferential requirements to collateral are the unique technologies of the most effective needs satisfaction for the representatives of small and medium business.

Piraeus Bank proposes the following loans to Small and Medium Business:

• The interest rate for the overdraft depends on the continuous term of use of the overdraft
• Absence of monthly overdraft obligations repayment
• Quarterly increasing of overdraft limit in case of net inflow on current account growing
• Overdraft opening for entirely goods in turnover accepted as collateral
•  All receipts on the current account will automatically reduce credit debt

Overdraft: Detailed terms

• Unique combination of convenient forms of financing – credit line and overdraft
• Self selection of correlation between Credit Line and Overdraft*
• As collateral we accept real estate and movable property
• Loan Package may be received secured with third party/company property
• You can get Loan Package in the amount of up to 80% of collateral value
• We take preliminary decision about financing possibility during only 2 days

* Maximum overdraft of up to 50% of the loan package, but no more than UAH 1 million.

Loan Package Terms
Minimum tenor of existing business	24 months from the date of state registration
Loan Package Currency	hryvna
Loan Package Tenor	up to 12 monthes
Loan Package Amount	up to 80% of real estate value up to 65% of vehicle value up to 50% of equipment and commodities in turnover value
Interest rate	from 20% per annum fixed interest rate

Loan: Detailed terms

 Revolving Credit Line 

• Convenient form of financing – a revolving credit line
• Tenor of credit line – up to 12 monthes
• As a collateral we accept real estate and movable property
• Credit Line may be received secured with the third party/company property
• You can get credit line in the amount up to 80% of collateral value
• We take preliminary decision about financing during only 2 days

Credit Line terms
Minimum tenor of existing business	24 months from the date of state registration
Credit Line Currency	Hryvna, US dollar, Euro
Credit Line Tenor	12 monthes
Credit Line Amount	up to 80% of real estate value up to 65% of vehicle value up to 50% of equipment and commodities in turnover value
Interest rate	floating

Credit Line: Detailed terms

Cash Collateral Loan  

• You can get convenient form of financing - a revolving credit line or term loan
• You can quickly get up to 90% of deposit amount
• Minimal document package for preliminary decision making  
• The deposit of private individual can be accepted as pledge in case of the loan of legal entity or private entrepreneur

Cash Collateral Loan  Terms
Tenor of the loan	up to 12 months
Currency of deposit	UAH
Currency of the loan	UAH
Amount of the loan	up to 90% of Deposit amount
Margin of the bank	3,5%
Up-front fee	1% of the loan amount

  Loan interest rate:  

Loan interest rate = deposit interest rate + margin

Loan: Detailed terms 

  «Smart Overdraft» 

• Absence of monthly overdraft repayment obligations
• You can get overdraft in the amount up to 60% of average monthly net inflows on current account
• All receipts on the current account will automatically reduce credit debit  
• As collateral we accept real estate and movable property and 100% goods in turnover

Loan terms
Minimum tenor of business existence	12 months from the date of state registration
Overdraft Currency	hryvna
Overdraft Tenor	up to 12 months
Overdraft amount	up to 60% of average monthly net inflows on current account
Interest rate	from 20% per annum

Overdraft: Detailed terms