Customers are financed on individual terms and conditions in any convenient form:
| Tenor |
Up to 18 months for working capital facilities Up to 5 years for capital expenditures |
| Security |
Raw materials, goods in stock, equipment, real estate, vehicles, pledge of bills of lading |
| Discount |
min. 20% |
| Currency |
RUB, USD, EUR |
| Interest rate |
min. 10 % p.a. (depending on the tenor and criteria for the borrower) |
| Tranches |
from 3 to 12 months depending on the tenor |
| Repayment |
Interest: monthly or quarterly Principal debt: at the end of the tenor or tranche |
| Time-to-yes |
min. 5 business days |
| Additional terms |
To set a limit for a holding company or a group of companies, a convenient disbursement structure and legal framework of the deal may be bilaterally approved. |
| Tenor |
From 30 days to 3 years |
| Security |
Absolut Bank's promissory note with the presentment date of two days after the credit facility matures. |
| Currency |
RUB, USD, EUR |
| Interest rate |
min. 10 % p.a. |
| Repayment |
Interest: monthly or quarterly Principal debt: at the end of the tenor or tranche |
| Maximum limit amount |
RUB 90m or equivalent in another currency |
| Time-to-yes |
min. 5 business days |
| Additional terms |
The pledger may not be the borrower. |
To decide on a standard loan against the pledge of Bank promissory notes as collateral and sign the loan agreement and related papers, a minimum document package is requested from the prospective borrower/pledger.
Please do not hesitate to contact Corporate Banking International Division of Absolut Bank should you have any questions:
Tel. +7 495 228 69 66
Fax + 7 495 777 71 60
