“Payment by installments ” programme

 Credit financing of individuals for purchasing durable goods (computers, household, video-, audio-equipment, furniture, etc.)

Basic terms of credit financing:

• Credit period — up to 24 months
• Down payment — from 0 % of the value of order
• Loan is granted in the national currency of Ukraine
• Interest rate for using credit funds is fixed depending on the agreement with partners that sell durable goods
• Goods to be purchased serve as the collateral
• Goods to be purchased are insured for the entire period of credit agreement
  Documents required:
• Passports of the citizen of Ukraine + that of the spouse
• Marriage certificate (if any)
• STA certificate of the taxpayer’s single identification number + that of the spouse
• Reference from the place of work (executed on the company's letter-head) with length of service at this place of work, position held and average monthly salary for the last 6 months to be indicated + that of the spouse

Additional security:

Collateral

In case of providing the pledge as the security, the application shall be accompanied by the documents that characterize the pledger:
For a legal entity:

• Articles of association and appendices thereto certified by the notary public*
• Memorandum of association and appendices thereto certified by the notary public*
• Original signature card *
• Documents certifying the authority of the person that signs the contract of guarantee (power of attorney to sign documents)
• Certificate of registration with the statistics department attested to with the notary public*
• Xerox copies of passports of the head and chief accountant of the organization - borrower (photo, institution, place, date of issuance, registration)*
• Certificate of registration with the State administration attested to with the notary public*
• Minutes of the meeting of the supreme managerial body of the enterprise on granting a pledge for the individual
• Balance sheet of the client as the last reporting date certified by the seal of the firm and signatures of officials and stamp of the statistics department
• Income statement as of the reporting date certified by the seal of the firm and signatures of officials and stamp of the statistics department (Form 2).
• Cash flow statement
• Form 1-Á (monthly) with a transcript of accounts receivable and accounts payable (the share of which constitutes more than 10% of the total amount of debts) for the last quarter
• Reference from the tax inspection evidencing absence of debt to the budget
• Reference from the bank evidencing the availability of settlement account opened (other current accounts), balances on them as well as cash flow on the said accounts for the last 3 months to be indicated separately (to be presented in cases when the accounts are opened with other banks).
• Reference evidencing the availability of loan debts and cash flow on loan accounts for the previous 3 months with the maturity date to be indicated
• Transcript of the balance sheet line where the pledger’s accounting value of property is recognized
  * - to be presented by clients that do not have current account with the Finance and Credit Bank and have failed to submit them earlier.

For an individual:
In case the security is guaranteed by the pledger (an individual), the application shall be accompanied by the following documents:

• Passport of the citizen of Ukraine (pledger)
• STA certificate of the taxpayer’s identification number
• Reference from the major place of work attested to with the signature of the first official and chief accountant and seal, with the position held, length of service and average monthly salary for the last 6 months to be indicated
• Questionnaire of the loan pledger