Credit line
A credit line is an opportunity to take a short-term bank loan.
The amount is limited by the limit provided by MTB Bank. Also in our bank you can take a technical loan against deposit security.
Borrowers may be:
- legal entities,
- individual entrepreneurs.
Benefits
- once a quarter, apply for a change in the limit of the credit line;
- receive an additional source of funds that you can invest in the development of production;
- establish, by agreement with the bank, an individual payment schedule for repaying a loan;
- early repay a loan without paying an additional commission;
- get a decision on the application in the shortest term.
Terms and conditions
- A limit of up to 18% of the borrower’s average revenue per month (based on the results of the last quarter).
- Loan term - up to 12 months.
- Payment of funds in national currency (hryvnia).
- Quarterly debts repayment.
- Monthly payment of interest on a loan.
- A guarantee from the founders of your company who have a total share of more than 60% in the authorized capital.
- Funds are transferred to the borrower by bank transfer to his/her current account with MTB Bank.
- Limit from UAH 100,000 to UAH 175,000,000.
Also, to the borrower’s current account with MTB a portion of the proceeds should be credited in the amount of 20% or more.
You can get additional information about this and other services of the bank for business (factoring, overdraft, etc.) by contacting our operators at:
- 0 800 500-255 (for Ukraine)
- +38 (0482) 305-905 (for other countries).