Circulating loan

Loan purpose:

• To increase circulating assets (purchase on inventory items, settlements with suppliers and contractors);
• Financing operational costs related to financial and economic activities of client;
• Settlements for uncovered documentary operations (in the currency of operation);
• Loan commitments in other banks.

Grace period:

• up to 6 months (grace period restriction does not apply to a revolving credit facility)

Security:

• real estate (commercial and dwelling);
• mortgage of bank’s bill of exchange;
• deposit at individual and legal entity/private entrepreneur’s bank

Forms of providing:

• one-time loan;
• non-revolving credit facility;
• revolving credit facility.