Financing for veteran-owned businesses within the "AFFORDABLE LOANS 5-7-9%" Program, implemented by the Government of Ukraine upon the initiative of the President of Ukraine through the Entrepreneurship Development Fund
Purpose of the loan:
- acquisition of fixed assets such as machinery (agricultural, construction equipment, commercial vehicles), energy-efficient, energy-generating, and other equipment provided through Partners—sellers/manufacturers of machinery and equipment accredited by the Bank.
- purchase of non-residential real estate for business operations.
Conditions of participation in the program:
- A legal entity participant must be a combat veteran with a minimum 25% stake in the share capital.
- An individual entrepreneur must be a combat veteran.
- The director of a legal entity must be a combat veteran.
A combat veteran must not have any criminal liability, unresolved or unexpunged criminal records, or be wanted for unauthorized leave from a military unit or service location or for desertion.
Interest rates:
| Parameters |
For loans |
| For micro andsmall enterprises |
For medium enterprises |
| Interest rate for state program loans |
7% |
9% |
| Additional compensation by JSC "CB "GLOBUS" |
2% |
2% |
| Effective interest rate with Bank’s additional compensation |
5% |
7% |
