OVERDRAFT

Lending terms and conditions:

• Amount of the loan: from 1,000,000.0 to 15,000,000.0 rubles, but not exceeding 50% of the average monthly loan turnover on the settlement account;
• Financing period: up to 21 calendar days;
• Agreement term: up to 1 year;
• Currency: rubles;
• Loan repayment: daily, by direct debiting of sums from a client’s settlement account;
• Collateral: the loan is made WITHOUT PLEDGE, against personal assurances of the business owner and/or enterprise managers;
• Application consideration period: 5 business days;
• Loan origination fee: from 0% to 1% of the established overdraft lending limit.

Additional requirements to borrowers:

• stable operation of the business at least for 6 months;
• receipt of monetary funds to the client’s settlement account at the Bank in the course of four months prior to the consideration of the loan application;
• the client is not in arrears to the budget with respect to payment of taxes and levies (excluding negotiated debts) and has no outstanding settlement documents (List No.2) subject to direct debiting from its bank account;
• the number of debtors with a share of receipts to the settlement account over 50% is not less than 5, the share of one debtor in the total amount of receipts is not more than 25%.

The loan is provided to:

• legal entities and individual entrepreneurs.

Interest rates, % p.a.

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