Lending conditions for legal entities and entrepreneurs at Alfa Bank
Alfa-Bank is one of the largest commercial banks of Ukraine, which owns international capital. It is part of the investment holding company ABH Holdings SA (ABHH), headquartered in Luxembourg.
According to NBU data, Alfa-Bank occupies one of the most important places in all segments of the banking market, and is one of the most reliable in Ukraine. The bank is also among the Top 10 financial institutions of Ukraine in terms of assets.
In this article, we will talk about the conditions under which legal entities, as well as private entrepreneurs, can issue a business loan at Alfa-Bank.
How to get a loan for small and medium-sized businesses at Alfa-Bank
Today, a large number of banking structures are engaged in the active development of lending to small and medium-sized businesses (SMEs). The most popular financial products include: leasing, overdraft, cash loan, etc. Each of them has its own , one-time commission - 2%.
2. Leasing of trucks also helps customers realize investments in the development of the material and technical base of the business. The terms of such financing are from 12 to 36 months, advance - from 30% of the property value (including VAT), one-time commission - 2%.
3. Leasing of agricultural machinery, the objects of which can be: tractors, combines, self-propelled machines, trailed and attached equipment. Financing terms range from 12 to 48 months, advance - from 25% of the property value (including VAT), one-time commission - 2%.
This form of lending has the following advantages:
- • the leasing object is taken into account on the client's balance sheet, while the loan is repaid in installments;
- • there is no need to pay an additional deposit;
- • interest and commissions are taken into account as gross expenses;
- • initial costs are reduced to a minimum, for example, transferring funds to the Pension Fund, registration, transport fee, etc. performed by the leasing company. After that, the amount is distributed and paid by the bor or renewable (you can receive and repay the loan repeatedly within the established limit).
Such loans have a number of advantages:
- • the ability to cover all the necessary costs of the enterprise, while not withdrawing funds from turnover;
- • Alfa-Bank provides an individual repayment schedule when lending to small, medium and large businesses;
- • financing can be carried out without collateral;
- • during the entire lending period, the rate remains fixed;
- • interest is accrued only during the period of use of credit funds;
- • a one-time commission, which is paid immediately after the conclusion of the agreement.
Alfa-Bank offers loans to legal entities and entrepreneurs. In some cases, the business owner's guaranty (no collateral) or equipment, car and real estate (if collateral is still required) can be used as collateral.
Types of lending to corporations
Alfa-Bank has also developed several offers for large businesses, primarily aimed at replenishing working capital and investment lending.
Replenishment of working capital are loans that can become additional sources of financing for the company and support its production and trading activities (for example, loans for deposits and credit lines). They have individual conditions depending on the specifics of the business, a flexible system of payments (at the end of the season or after fulfilling the terms of the contract) and a credit term of up to 18 months.
Investment lending is used to purchase special equipment or commercial real estate. At Alfa-Bank, clients can take out loans for equipment or project financing.
Loans for equipment are short-term and medium-term. In this case, funds are allocated for business development and support of its current activities, if the amount of the borrower's capital turns out to be insufficient. The loan term is up to 5 years and has a grace period. A mandatory condition for registration is the financing of part of the project by the client.
Project financing assumes that the resources, at the time of concluding the agreement, are needed by the business for expansion and development, acquisition of new technologies or real estate, entry into new markets, mergers and acquisitions, etc.
When making a decision on the financing of a particular project, the decisive factor is its perspective and the ability to generate sufficient cash flow in the future to achieve its goals and service the debt.
It should be noted that such a variety of financial products is due to the versatility of Alfa-Bank, which distinguishes it in the modern lending market. He actively develops almost all areas of work and increases his assets every year. One of the most important advantages of the bank is its stable financial position, which attracts many customers.
