ProCredit Bank Lowers Interest Rates on Business Loans!

From 15 May to 30June 2012, ProCredit Bank is offering attractive loan terms for small businesses. Interest rates will be slashed to between 4% and 6%, depending on the loan amount.

Loans for small business from ProCredit Bank do have any hidden fees and loans up to UAH 100,000 do not require any collateral. In addition, processing fees for loans over UAH 100,000 are reduced because there is no mandatory independent assessment of the collateral.

"Today, a lot of banks are withdrawing from the small business lending market, and many entrepreneurs are forced to apply for personal loans – often calculated with a scoring system – which prove to be very expensive in the long run because of the hidden fees. We, as a bank specialising in small and medium-sized businesses, continue to operate in this segment and offer fair and transparent terms that are clear to everyone", said Irina Sazonova, Head of Small Business Development.