We are moving domestic business forward - 1 more deal under the "Affordable factoring" program!

35,000,000 UAH – such financing will be received by Capro Oil, one of the largest producers of high-tech fats and oils for the production of food products, from MTB Bank within the limits of the factoring agreement.

The contract was concluded as part of the Small and medium-sized business support program "Affordable factoring".

MTB Bank is one of the 7 banks that have already joined the program as authorized partner banks, as well as the first among banks to conclude a factoring agreement under the Program.

In mid-December, the Entrepreneurship Development Fund with the support of the Project USAID “Investment for sustainability of business” (successor to the USAID Project "Financial Sector Reform") presented the new state Program "Affordable factoring", which has the following advantages for businesses:

• financing at the rate of 13% per annum in hryvnia,
• there is no requirement to provide hard security.
  
  The program allows you to provide micro, small and medium-sized entrepreneurs with sufficient working capital.
  
  Do you work on the terms of deferred payments?
  
  Use factoring from our bank and the capabilities of the Program!
  
  About "KAPRO OIL" LLC
  
  Produces and sells the following oil and fat products under the "Capro" trade mark - fats confectionery and cooking, milk fat substitutes capromilk, salomas, tropical oils, cacao butter substitute caprolade, margarine.