Credit Line

Currency	EUR/USD For VAT credit line - EUR
Interest rates	Negotiable
Borrowers	Legal entities, agricultural producers, freelancers
Fees	As per UBB’s Fees and Commissions’ Tariff for Business Clients
Requirements	Cost-proving documents
Tenor	12 months with an option for revolving up to 5 years For VAT credit line - up to 8 months
Manners of repayment	Decreasing limits Bullet payment at maturity For VAT credit line - by receipt of the VAT refunds
Collateral	Long-term tangible assets and/or current assets, properties, machines, transport vehicles, receivables or cash funds Special pledge of receivables in accounts / Pledge under the Financial Collateral Arrangements Act

Decision of the company’s competent body for obtaining a loan and providing collateral for it
Balance Sheet, Income Statement and a Tax Return for the last year
Collateral ownership documents - copies of the ID cards of the company’s representatives - borrower/co-debtor/pledgors/mortgagors;
Certificate for availability /lack of arrears, issued by the revenue authority as per Art 87, Para 6 of the Tax Insurance Procedure Code;
Declaration of relatedness with other entities

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