Overdraft

Open an overdraft limit, a short-term business loan that allows you to make payments in excess of your current account balance.

Generally, an overdraft does not have a specific purpose of use, you can use an overdraft for prompt short-term liquidity managing and cash gaps covering.

Main parameters

Amount

Up to 30% of the average monthly turnover of an existing Bank customer or up to 15% of the average monthly turnover for a potential borrower in UAH

Term

Up to 12 months

Term of continuous debt

Up to 30 calendar days

Interest rate

Differentiated. Depends on the term of continuous debt

Commission

Monthly - 1% of the maximum debt amount at the end of each business day;
One-time - 1.99% of the financing amount;

Overdraft payment fee

0.2% of the overdraft payment amount

Advantages

No collateral requirement - only the owner's guarantee;
Flexible cost of credit funds - differentiated interest rate;
No additional costs - evaluation, insurance, notarial support;
Fast overdraft obtaining with a minimum package of documents;
The ability to make continuous payments even in the absence of own funds on the current account;
Automatic debt repayment upon receipt of funds to the current account.