Available loans 5-7-9%

Investment goals:

• acquisition and/or modernization of fixed assets, with the exception of the acquisition of vehicles (other than those that will be used for commercial and industrial purposes);
• acquisition of non-residential real estate for the purpose of carrying out business activities without the right to transfer such real estate for paid or free use to third parties;
• implementation of construction, reconstruction, repair in the premises in which the main economic activity is carried out (except for office premises), which belong to the customer on the basis of ownership or use;
• acquisition of intellectual property rights under commercial concession (franchising) agreements related to the implementation of an investment project;
• financing of working capital, when the need for such working capital is an integral part of the costs of the investment project, the amount is no more than 25% of the project cost financed by credit funds;
• refinancing of investment projects.

Anti-crisis measures:

• investment purposes related to the implementation of activities for the production of medicines and/or medical devices and/or medical equipment, as well as for refinancing debt on a loan granted for the purposes specified in this paragraph;
• financing of working capital to cover fixed (regular) expenses (expenses for payment of employees' wages, rental and utility bills, services for the protection of production and office premises, taxes, fees and other mandatory payments provided by law and expenses for other purposes necessary to maintain the working condition of fixed assets and storage of goods, materials, and reserve).

Refinancing:

• loans are provided for refinancing loan debt, incl. PUMB.

​The rate depends on the purpose of financing, the annual amount of income from business activities and changes in the number of jobs during the financing period.

^* valid until March 31, 2021, and after this date – on the terms determined by the Bank in the loan agreement (at the Bank's standard interest rate).
^** the interest rate decreases or increases following the results of the quarterly review by the Bank by 0.5% for each created/reduced SME workplace, while it cannot be lower than 5% per annum and cannot be higher than 7% or 9% per annum, respectively.
^*** increases by 1% for each full-time employee who has been laid off, but cannot be higher than 7%.

PUMB provides loans within the program to legal entities – representatives of small and micro enterprises, which meet the following criteria:

Eligibility criteria

Business entities that do not meet the requirements of the Bank and eligibility criteria defined by the Program cannot be recipients of state support and cannot participate:

• industries are defined by the current legislation on state support as prohibited;
• legal entities, the founders and ultimate beneficiaries of which are individuals – non-residents of Ukraine;
• persons who have outstanding debts to the State or local budget, the Pension Fund, funds of compulsory state social insurance;
• persons with a negative credit history and overdue loans;
• persons with respect to whom bankruptcy/insolvency proceedings are opened and/or in a state of reorganization/liquidation;
• persons who have received state support over the past 3 years, which exceeds the amount equivalent to 200 thousand euros (total for the group of related companies);
• persons whose accounts are arrested or blocked, or for whom there are public encumbrances in the state register of encumbrances of movable property;
• other restrictions that are directly established by the current legislation of Ukraine.

The loan agreement indicates the basic and compensation interest rates (0% - 3% - 5% - 7% - 9%).

The customer pays the interest credited at the compensation rate payable subject to the terms of the "Affordable loans 5-7-9% " program.
The difference between the amount of credited interest at the Base interest rate and the Compensation loan interest rate is compensated by the Entrepreneurship Development Fund at the expense of the funds provided in the state budget, subject to the requirements of the "Affordable loans 5-7-9%" program.

The rate is reviewed quarterly.

• Contact the bank branch
• Submit the following list of documents
• Check for compliance with the criteria of the program and the Bank

As security can be arranged the property of the customer or guarantor, equipment, vehicles, real estate, as well as fixed assets purchased at the expense of credit funds.

Yes, you need property insurance for the collateral.

Other types of insurance under the terms of lending under the "Affordable loans 5-7-9%" program are not provided.