Available loans 5-7-9%

The loan is granted by Bank transfer to the account of the supplier of fixed assets, goods and stocks, services, or to the account of debt repayment that is refinanced with providing the beck-up documents by the Borrower in respect to the intended use of credit funds.

Investment objectives, in particular:

• Purchase and/or modernization of fixed assets by the business entity, with the exception of the purchase of vehicles (except for those that will be used for commercial and industrial purposes);
• Purchase of non-residential real estate and/or land plots for the purpose of carrying out business activities by the subject without the right to transfer such real estate for paid or free use to third parties;
• Construction, reconstruction, repair in non-residential premises in which the business entity conducts its main economic activity, which are owned or used by the business entity;
• Purchase of intellectual property rights under commercial concession (franchising) contracts related to the implementation of an investment project by the business entity;
• Restoration, repair or replacement of the energy infrastructure of thermal power plants and thermal power plants damaged as a result of hostilities, necessary for the sustainable passage of the autumn-winter period of 2023/24;

financing of the working capital of the business entity.

The rate of 5%, 7% or 9% will depend on the amount of annual income and jobs creation:

• in case if the annual income is up to 50.0 million UAH, then the interest rate will be 7% per annum. However, if at least two new jobs are created within the first quarter of crediting, the rate will be 5% per annum. Further, if the previous quarter's jobs are saved or new ones are created within the loan period, the rate of 5% per annum will apply. If the number of employees decreases for the quarter, the rate will be 7% per annum;
• in case if the annual income is more than 50.0 million UAH, but does not exceed 100.0 million UAH, then the interest rate will be 9% per annum. In addition, the rate will be reduced by 0.5% for each new job position created in the reporting quarter. But in any case, the rate cannot be less than 5% per annum.
• A rate of 0% is granted for the period of quarantine established by the Cabinet of Ministers of Ukraine in order to prevent the spread of acute respiratory disease COVID-19 caused by coronavirus SARS-CoV-2, or restrictive measures related to its spread, and within 90 days from the date its (their) cancellation, and after their cancellation - 3%.
• For refinancing loans, the compensatory interest rate is 0% until March 31, 2021, and after this date - 3 percent per annum.

• In case of failure to submit or late submission of reports to the Bank for confirming the average number of full-time employees and the amount of the salary fund for such employees (in cases where the Program and terms of the loan agreement provide for monitoring these indicators), all reductions/setting of the Compensation interest rate for the next reporting quarter are canceled. They can be recovered only after the reporting data is submitted to the Bank in a timely manner;
• In case of an overdue loan debt (both for the principal loan amount and for %) for a period of more than 15 days, interest compensation for the month in which the overdue debt occurred is not provided. After such an overdue debt has been repaid, payment of the loan interest compensation is resumed from the next calendar month for the month in which the specified violation of terms of the loan agreement was eliminated;
• In case if the Bank and/or the Fund find that the state aid limit has been exceeded (cumulatively may not exceed the amount equivalent to EUR 200,000.00 for any three-year period), taking into account the CPC, the provision of state aid for MSE under the Program is terminated from the date of detecting this fact;
• In case the Fund terminates the state aid, or if the period of funds absence lasts more than 6 months, the client ensures payment of the basic interest rate independently.

Under the terms of the Program the following persons and entities cannot participate in it:

• industries that are defined as prohibited by the current legislation on state aid;
• legal entities whose founders and ultimate beneficiaries are non - resident individuals of Ukraine;
• persons with the outstanding debts to the state or local budget, pension fund, mandatory state social insurance funds;
• persons with a negative credit history and overdue loans;
• persons against whom bankruptcy/insolvency proceedings have been opened and/or who are in a state of reorganization/liquidation;
• persons who have been receiving within the last 3 years the state aid exceeding the amount equivalent to 200 thousand Euro (total for a group of related companies);
• persons whose accounts have been seized or blocked, or in respect of whom there are public encumbrances in the State Register of Encumbrances over Movable Property;
• other restrictions that are expressly established by the current legislation of Ukraine;
• applications that in total exceed the maximum loan amount under the Program;
• borrowers whose annual revenue (including related parties) exceeds the equivalent of 20 million euros.

• financing of the IASB (micro, small, medium and large businesses) - agricultural producers for agricultural activities for the period of martial law and for 6 (six) months after its termination or abolition; provided in the period up to May 31, 2022 to the business entity - agricultural producer ..
• funding of the IASB (micro, small, medium and large businesses) to prevent Russian aggression and overcome its consequences, including to meet the needs of the Armed Forces of Ukraine and other military formations formed in accordance with the law and / or the population affected by hostilities during martial law in Ukraine (except for business entities engaged in the production and / or sale of weapons)