The purpose of the program

Support of financing of investment projects for SMEs that produce import-substituting products and plan to expand their sales in the national and world markets.

Borrowers

small businesses (up to 50 employees, revenue less than € 5 million per year)

medium-sized enterprises (up to 250 employees, revenue less than € 10 million per year)

additional conditions:

• a positive credit history

• the term of the borrower's activity is at least 3 years

• profitability for the last year

Credit terms

• • up to EUR 250,000 equivalent

• • term - up to 6 years / investment goals

• • term - up to 2 years / replenishment of working capital

• • rate - UIRD3m * x 1.1

• • commission - up to 1.0%

• • own participation - 20% / investment goals

*UIRD3m as of 01.10.2019 is 15.5%

Index UIRD3m information:

https://bank.gov.ua/control/uk/index or

https://bank.gov.ua/statistic/sector-financial/data-sector-financial#2fs

Target use

· Purchase or upgrading of fixed assets (machinery, equipment, etc.), required to expand existing or create new production facilities, including transportation, installation, commissioning.

· Purchase, construction or renovation of premises required to expand an existing or to create new production facilities.

· Replenishing the working capital needed to expand the existing or create new production.

Software

· real estate

· equipment

· vehicles

· the guarantee of the owner

Activity

· Agriculture, forestry and fisheries and related services

· Manufacturing

· Temporary accommodation and catering

· Supply of electricity, gas, steam and air conditioning

The scheme of repayments

· Annuity, flexible schedule possible

Additional costs

· Notarization

· Collateral insurance