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Factors considered by the bank when making a decision:

  • • Financial condition of the borrower and average business turnover.
  • • The quality of the loaned project and the prospect of business development.
  • • The position of the borrower in the market and the state of the industry.
  • • Credit history of the borrower and his business reputation.
  • • Availability of collateral and willingness to provide surety for company owners.

Urgent loan - an opportunity to get financing with a convenient repayment schedule!

In case of need to purchase equipment or other fixed assets, the registration of a term loan will allow the Client to resolve the issue with financing. The Bank is ready to offer the most convenient loan repayment schedule taking into account the seasonality or other factors in the Company's activities.

CONCORD Bank credit line - where conditions meet expectations:

  • “Decision Making Speed”
    Operational review of a loan project.
  • «Flexible service rates»
    Transparent price policy. Interest is paid when using funds only.
    The accrual of interest is realized not on the whole amount of available funds, but only on the amount borrowed by a client.
  • «Time saving to fund rising»
    Ability to open a credit line in advance and to use it if necessary.
  • «Individual approach to the credit payments period»
    Ability to choose a convenient repayment schedule for a client, taking into account business features
  • «Positive customer feedback»

Client's costs for servicing Term Loan

Interest rate (per annum)21,0%
Credit initiation fee1,0% of the loan amount
Monthly commissionIs missing
Additional costs- Notary services (in case of notarization of pledge agreements)

- Insurance of a pledged item (the tariff is set by the insurance company depending on the pledged item)

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