About the programme
ProCredit Bank, in partnership with the EIB Group and supported by the EU, has launched an SME financing programme with reduced collateral requirements (up to 80% risk coverage) and favourable interest rates under the EU4Business initiative to support businesses during the war.
Loan details
Amount
Up to EUR 5,000,000 or the equivalent in another currency
Currency
UAH, USD, EUR
Term
6 to 110 months
Purpose
Acquisition of fixed assets
Replenishment of working capital
Type
Installment loan
Credit line
Payment guarantee
Letter of credit
Interest rate
Reduced by at least 0.5% compared to the standard rate
Repayment type
Customised
Collateral
Between 30% and 80% of standard collateral requirements may be covered by a guarantee
Possibility to obtain a loan without providing collateral
Can be combined with the state programme “Affordable loans 5–7–9%”