Loans for energy independence: OTP BANK offers programs for uninterrupted business operations
OTP BANK JSC offers to Ukrainian business a number of programs for providing of all kinds of decentralized sources of energy generation, which will allow companies to become energy independent and more easily survive possible power outages in winter. This told head of corporate sales development department (Mid) Valerii Terno during round table, organized by “Financial Club”, dedicated to the discussion of business readiness for energy challenges.
“Those companies have the most likely to survive the winter under conditions of energy deficit, who are systematically preparing for work in conditions of blackouts and working on energy projects for each of their branch. The bank is ready to help by providing loans for projects of supplying enterprises with all types of decentralized sources of energy generation: solar panels with energy storage and storage systems, powerful diesel or gas piston (cogeneration) generators, as well as wind power plants and biogas plants. We have experience in the evaluation and implementation of projects with the all mentioned technologies”, - V.Terno said.
OTP BANK closely cooperates with equipment suppliers within the framework of partner programs, and this enables clients to receive individual terms and complex solutions from technical issues to lending projects of any complexity. Joint financing programs with international partners, in particular with European Bank for Reconstruction and Development (EBRD), allows to receive additional benefit in the form of 15% cashback from the cost of the project. There is a possibility of financing within the state program “Affordable Loans 5-7-9%” and if the company does not meet the criteria of the program, the Bank will offer special conditions at a preferential rate of 13.5% as part of the implementation of the Memorandum on lending projects for the restoration of energy infrastructure.
OTP BANK has developed specialized programs for quick decision-making on energy project financing (preliminary decision in 3 working days) with a minimum down payment (from 20% of the project cost and from 0% if there is an alternative collateral) for a period of up to 5 years.
One can be acquainted with the list of offers and products of the Bank by following the link.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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