Cibit-Bank > To corporative clients > Loans > Revolving credit

Revolving credit

Does your company need to replenish its working capital to cover rental, repair, modernization, and payroll expenses? Or do you need funds to expand your business, to pay off debts to third creditors?

CB “CIBIT-BANK” LLC provides loans to legal entities and individual entrepreneurs in the form of a one-time loan or credit line.

Conditions

The amount

Up to 1 000 000 rubles

Interest rate

24%

Term

Up to 1 year

The term of consideration of the application

1 to 5 days

Repayment frequency

Set by agreement of the parties

Repayment method

One-time transfer of the entire amount of the debt within the specified contract period;
Gradual transfer of amounts agreed with the Bank within the loan term.

Early repayment

Possible

Payment schedule

Set by agreement of the parties/p>

Late payment penalty

0.1% for each day of delay

Who can it be issued to

To individual entrepreneurs;
To legal entities.

Loan security

Pledge;
Surety;
Bank guarantee

Interest is paid monthly on the date/dates determined by the terms of the loan agreement and on the date of the final loan repayment. It is possible to provide a deferral of repayment for the period set by the Bank. The structure of collateral depends on the loan term and amount (in case of a pledge in form of real estate, a loan is provided after state registration of the pledge agreement). The loan product is issued to the borrower’s current Bank account.

To apply for a loan you need to come to the Bank’s office for consultation with a specialist of the Credit Department. During the meeting, the Bank’s specialist will familiarize you with the list of documents required to receive a loan, advise on their form and content and answer all your questions, as well as provide the necessary application form for obtaining a loan.

For more detailed information, please call +7(840)229-41-83