AFFORDABLE FINANCIAL LEASING 5-7-9

The program AFFORDABLE FINANCIAL LEASING 5-7-9 is developed in accordance with the Procedure for providing financial state support subjects of micro, small and medium entrepreneurship, implemented by the Government of Ukraine on the initiative of the President of Ukraine 5-7-9.gov.ua for the payment of the basic fee under financial leasing contracts related to the conduct of economic activity.

FUNDING CONDITIONS UNDER THE PROGRAM:

Borrowers: entities, micro, small and medium enterprises*, registered in the established according to the law of order as a business entity that meets the criteria defined by the Program.

Funding goals:

•  acquisition and/or modernization of fixed assets by the business entity;
•  acquisition by the business entity of commercial and industrial vehicles, railway wagons, buses used for commercial and industrial purposes ;
• acquisition of non-residential real estate for the purpose of carrying out business activities by the subject without the right to transfer such real estate for a fee or free use by third parties.

Priority areas (have more favorable financing conditions) according to the goals are:

•   financing of MSMEs – agricultural producers for carrying out agricultural activities;
  
  
•  support of MSMEs operating in the processing industry (main KVED) according to all KVED of Section C of the National Classifier of Ukraine;
•  reconstruction of fixed assets of small and medium-sized enterprises destroyed as a result of military aggression, which is confirmed by relevant documents (deeds of destruction and damage with an indication of their cause, deeds of damage (destruction) of movable property, extract from the Unified register of pre-trial investigations regarding the opening of criminal proceedings, register data of the State Register of property damaged and destroyed as a result of hostilities, acts of terrorism, sabotage caused by the military aggression of the Russian Federation, property valuation report (property valuation report)).

Funding currency:  hryvnia

Maximum funding limit:

•  does not exceed UAH 90,000,000. (including the group of bound counterparties) for agricultural producers;
•  does not exceed 60,000,000 UAH. (including the group of connected counterparties), for subjects of small and medium-sized enterprises.

•  one-time commission for providing the financial leasing service - 1.5% of the financing amount;
•  annual fee for servicing the financial leasing contract:
  
  

  Type of leasing item	The limit of the commission, in % of the value of the leased object per year
  Real Estate	1 %
  Truck vehicles, buses, special purpose vehicles	4%
  Agricultural machinery	4 %
  Light vehicles used for commercial and industrial purposes	8 %
  Industrial equipment, road construction equipment, railway wagons, power supply devices (generator sets) and other items of financial leasing	2 %

  
  
  * aggregate annual income by group of related persons (at the official rate NBU, which was effective on the last day of the reporting period for which the client's reporting is submitted);
  - subject of micro-enterprises no more than equiv. 2 million euros;
  - the subject of thethe logo of the enterprise is no more than eq. 10 million euros;
  - the subject of a medium-sized business is no more than equiv. 50 million euros;
  - FOP in the amount of up to 50 million hryvnias.
  
  ** Interest rate charged under a financial leasing contract.
  UIRD (Ukrainian Index of Retail Deposit Rates) – the Ukrainian rate index for deposits of individuals, which is calculated on the basis of the nominal market rates of deposits of individuals, announced by banks of Ukraine for a period of 3|12 months, and is published daily on the website of the Ministry of Finance (the value of the index is taken on the date of signing the contractual basis  minfin.com.ua)
  
  *** Compensation interest rate – this is the rate that the customer pays.
  The difference between the Compensation and Basic interest rates is compensated by the state.