Quick loan for SMEs
Why a quick loan for SMEs in CONCORDBANK is just for you:
- Ability to obtain a loan in a short period of time.
- Ability to obtain a loan with or without collateral.
- Early loan repayment without penalties.
- The loan repayment schedule is set depending on the financial cycle of the enterprise.
Client's costs for servicing a quick loan for SMEs:
| Interest rate (annual) | 21.0% |
| Loan initiation fee |
4.99% of the loan amount (if the amount of the set limit is up to UAH 500,000.00) 3.99% of the loan amount (if the amount of the set limit is from UAH 500,000.01 to UAH 1,000,000.00) 1.99% of the loan amount (if the amount of the set limit is from UAH 1,000,000.01) |
| Monthly fee |
0.99% of the loan amount (if the amount of the set limit is up to UAH 500,000.00) 0.49% of the loan amount (if the amount of the established limit is from UAH 500,000.01) |
| Additional costs |
- notary services in case of notarization of pledge agreements; - insurance of the subject of the pledge, the tariff of which is set by the insurance company depending on its type of pledge |
Questions and answers
In what currencies can I get a loan?
UAH.
What factors are taken into account by the bank when making a decision?
- The financial condition of the borrower and the average turnover of the business.
- The quality of the project, which is the object of lending, and the prospects for business development.
- Borrower's location on the All Sites and the state of the Branch.
- Credit history of the borrower and his business reputation.
- Availability of collateral and its liquidity.
- Willingness of the owners of the company to provide a guarantee.
On which lines can I take a loan?
Up to 36 months inclusive.
For what needs can I use credit funds?
Replenishment of working capital and payment in accordance with the contract / contract of sale, for the purchase of fixed assets.
When is interest accrued?
Interest is repaid by the 10th day of the month following the reporting month.
Can I repay the loan early?
Yes, without penalties.
