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 (for legal entities with annual sales up to UAH 350 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:

Financial support for Agribusiness:

• Loan for financing of working capital of agricultural enterprises for SME clients
• Loan for purchase of agricultural machinery and equipment for SME clients

Advantages of choosing of Piraeus Bank:

• individual approach to every customer;
• seasonal loan repayment schedule;
• General agreements signing for a 3 year period (cost minimization of the pledge registration );
• without penalties for loans prepayment;
• without costs for property evaluation which will be hold for Bank’s account;
• financing of the previous investment costs in agribusiness.

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: Detailed terms

Overdraft ''Unsecured''

• No collateral (only the owner’s guarantee);
• Decision-making time by the Bank (up to 6 days) and speed of receiving a loan (Up to 2.5 working days);
• Automatic increase of overdraft limit (the bigger turnover – the bigger limit);
• Loan cost reduction via differentiated rate;
• There is an opportunity for new customers to get the limit from the 1st day of cooperation with the Bank;

Overdraft ''Unsecured'': 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 97% 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

  Loan interest rate:  

Loan interest rate = deposit interest rate + margin

Loan: Detailed terms 

Factoring financing

• Financing of supplier under the next term: assignment of rights of a monetary claim from the Debtor under the contract to the Bank
• Factoring with recourse on the Supplier
• Purpose of financing – WCF ( working capital financing)
• He is accounted as revenue on the balance shut

Terms of financing: 

Minimum term of business existence		24 months from the date of State registration
Currency of financing		hryvna
Term of the limit		365 calendar days from the date of factoring agreement
Amount of limit		It is calculated as requirement in financing of suppliers for every debtor (which is transferred on factoring)

Detailed terms

Tariffs:

Please get acquainted with the Tariffs for credit operations (pdf in Ukrainian, 378 Kb)