ULF is one of the first participants in the state program to support micro, small, medium, and large businesses "Affordable Financial Leasing
5-7-9%".
The program provides financial assistance by reducing the cost of financial leasing through state compensation of the Base Reward rate to
5%, 7%, 9%, or
11% per annum for financial leasing in the national currency.
The program is implemented by the Government of Ukraine at the initiative of the President of Ukraine through the Entrepreneurship Development Fund.
from 20%
Advance payment (part of own participation in the project)
up to 60 months
For investment projects
up to 90 million UAH
Maximum funding amount for the entire group of related counterparties
1.5%
One-time fee for providing financing (from the financing amount)
Currency – UAH
Currency – UAH
Payments
Monthly payments: reward, debt, or seasonal schedule.
Micro – annual income more/=⩽2 million euros (UIRD (3m)* + 14%)
Small – annual income more/= 10 million euros (UIRD (3m)* + 12%)
Medium – annual income more/= 750 million euros (UIRD (3m)* + 10%)
*UIRD (Ukrainian Index of Retail Deposit Rates) – Ukrainian index of rates for deposits of individuals, calculated based on nominal rates of the
deposit market for individuals, announced by banks of Ukraine for a term of 3 months. Approved by the Resolution of the Cabinet of Ministers
of Ukraine No. 28 dated January 24, 2020 (with changes and additions).
What does the rate depend on?
The rate size depends on the purpose of financing, annual income from business activities, and changes in the number of jobs during the leasing period.
Who cannot participate in the Program?
The "Affordable Financial Leasing 5-7-9%" Program (hereinafter referred to as the Program) cannot include entities that do not meet the requirements of the bank and eligibility criteria defined by the Program:
- belong to industries defined by current legislation on state support as prohibited;
- non-residents of Ukraine;
-
a legal entity whose founders and ultimate beneficiaries are non-residents of Ukraine; a legal entity whose participant (shareholder,
member) or ultimate beneficiary is a citizen of a state recognized by Ukraine as an aggressor or occupying state;
-
a legal entity belonging or belonged to terrorist organizations, a legal entity whose participants or ultimate beneficiaries belong or belonged
to terrorist organizations;
-
registered in the temporarily occupied territory of the Autonomous Republic of Crimea and Sevastopol and the temporarily occupied
territories of Donetsk and Luhansk regions;
-
having unpaid debt to the state or local budget, the Pension Fund, funds of compulsory state social insurance;
- having a negative credit history and overdue loans;
-
persons subject to bankruptcy/insolvency proceedings and/or in the process of reorganization/liquidation;
-
persons who have received state support exceeding the equivalent of 200,000 euros (cumulative for the group of related companies) in the last 3 years;
-
persons whose accounts are arrested or blocked, or have public encumbrances in the state register of movable property encumbrances;
- fall under other restrictions directly established by the current legislation of Ukraine.
What is compensated under the Program?
The financial leasing agreement specifies the Base Bank Reward, Compensation Reward (9%, 7%, or 5% - if 2 or more jobs are created during the
first full quarter of participation in the Program, or 0% - for the period of martial law for businesses in freight/passenger transportation,
for the period of martial law and for 1 month after its cancellation, but not more than 1 year from the date of signing the financial leasing
agreement under the Program), and Increased (penalty) Reward.
During participation in the Program (subject to compliance with the Program's conditions), the client pays the Compensation Reward amount. The
difference between the Base Reward and the Compensation Reward for financial leasing is compensated by the Entrepreneurship Development Fund
from the funds provided in the state budget, subject to the client's compliance with the Program's requirements. The Base Reward is reviewed
quarterly. The Increased (penalty) Reward may be applied by the Bank for violating the terms of the financial leasing agreement and is not
subject to compensation by the Fund.
What should I do to get "Affordable Financial Leasing 5-7-9"?
Contact K24 manager and fill out the form
Submit documents for review
Pass the eligibility check for the Program and the bank
What can be the subject of leasing under the Program?
The subject of leasing under the Program can be:
