About the programme
ProCredit Bank participates in the “EU4Business-EBRD Credit Line” programme for supporting small and medium-sized enterprises (hereinafter referred to as the Programme). The Programme is a joint initiative of the EU and the EBRD that helps Ukrainian SMEs finance investments in modernising equipment and machinery, bring their businesses into compliance with EU requirements, improve the quality of products and services, enhance environmental responsibility and increase competitiveness. The Programme offers access to financing, free technical assistance and investment incentives (grants).
Additional investment incentives are available to veterans, businesses that support the reintegration of veterans, as well as businesses and individuals affected by the war, bringing the total grant support to up to 30% of eligible investment costs.
Borrower eligibility requirements
Loan details
Amount
Up to EUR 3,000,000 or the equivalent in another currency
Up to EUR 300,000 equivalent for simple projects listed in the Green Technology Selector (GTS) or the List of Eligible Technologies (LET)
Currency
UAH, USD, EUR
Term
from 12 to 84 months
Purpose
Purchase of fixed assets
Working capital financing (if it is an integral part of the investment project)
Type
Installment loan
Repayment type
Annuity (monthly, in equal instalments)
A flexible repayment schedule is available
Can be combined with other programmes
Eligibility criteria for projects to be financed under the Programme
Location of implementation: Ukraine
Compliance with applicable Ukrainian legislation, including environmental protection, occupational health and safety, labour legislation, regulations and standards in force in Ukraine
Compliance with at least one priority EU Directive and/or inclusion in the Green Technology Selector (GTS) or the List of Eligible Technologies (LET), compliant with EU standards
Projects must not have received or be expected to receive any other investment incentive (grant, cashback, interest rate compensation, etc.) under other programmes