Affordable financial leasing 5-7-9% for veterans
Financing for veteran-owned businesses within the "AFFORDABLE FINANCIAL LEASING 5-7-9%" Program, implemented by the Government of Ukraine upon the initiative of the President of Ukraine through the National Development Agency.
Conditions of participation in the program:
- A legal entity participant must be a combat veteran with a minimum 25% stake in the share capital.
- The director of a legal entity must be a combat veteran.
Purpose of the loan:
- acquisition and/or modernization of fixed assets by the business entity;
- acquisition of commercial and industrial vehicles, used for commercial and industrial purposes by the business entity;
- acquisition of non-residential real estate for business operations by the business entity, without the right to transfer such property for paid or unpaid use to third parties.
Interest rates:
| Parameters | For investment loans | For investment loans inpriority areas1 | ||
|---|---|---|---|---|
| For micro and small enterprises | For medium enterprises | For micro and small enterprises | For medium enterprises | |
| Interest rate for state program loans | 9% | 11% | 5% | 7% |
| Additional compensation by JSC "CB "GLOBUS" | 2% | 2% | 2% | 2% |
| Effective interest rate with Bank’s additional compensation | 7% | 9% | 3% | 5% |
1 Priority Areas: 1) Financing MSMEs—agricultural producers for agricultural activities; 2) Support for MSMEs engaged in manufacturing (primary NACE code) across all NACE codes in Section C of the National Classifier of Ukraine; 3) Reconstruction of MSME fixed assets destroyed as a result of military aggression, confirmed by relevant documentation (destruction and damage reports indicating cause, damage (destruction) reports for movable property, an extract from the Unified Register of Pre-Trial Investigations regarding the initiation of criminal proceedings, registry data from the State Register of Property Damaged and Destroyed as a Result of Hostilities, Terrorist Acts, or Sabotage caused by the military aggression of the Russian Federation, and property appraisal report (property assessment act)