Lending energy independence: OTP BANK and Hyatt Estate LLC became partners
OTP BANK JSC and Hyatt Estate LLC (AMPERIUM™) have signed a memorandum of partnership aimed at strengthening the energy independence of Ukrainian businesses. The initiative combines modern energy-efficient solutions with accessible financing.
Why does it matter?
Clients gain the opportunity to promptly implement energy-efficient solutions, reducing their dependence on external factors related to energy supply. With the Bank’s financial support, businesses can better balance their financial burden and ensure operational continuity even under challenging conditions.
Hyatt Estate LLC is a reliable partner for businesses in the supply of electricity and natural gas, as well as in comprehensive energy resource management. The company has been operating in Ukraine’s electricity market since its inception and, in 2022, launched a new business line focused on supplying backup power equipment for enterprises. Through direct contracts with manufacturers in Europe and Asia, as well as well-established logistics channels, the company offers high-quality equipment at competitive prices with short delivery times.
OTP BANK provides flexible financing terms for the purchase of equipment from Hyatt Estate LLC. “Today, it is critically important for businesses to have alternative energy sources amid ongoing instability. OTP BANK’s financing program is designed for companies that need to quickly enhance their energy autonomy. We offer affordable credit solutions on favorable terms. Increase your energy independence with us,” said Iryna Kabantseva, Head of Alternative Sales Channels Projects and Programs at OTP BANK.
What are the benefits of OTP BANK financing?
A minimum set of documents is required to apply for a loan—financial statements and an application form—while credit decisions are made within a short timeframe. Clients can obtain financing for up to 7 years with a down payment starting from 15%.
The program also allows participation in the government initiative “Affordable Loans 5–7–9%”, implemented by the Government of Ukraine at the initiative of the President through the Entrepreneurship Development Fund. Additionally, clients may qualify for compensation from the EBRD of up to 30% of the project cost.
Borrowers can benefit from a grace period on principal repayment, helping to reduce the financial burden at the initial stage of the project. Financing is available without the need for additional collateral.
More details about the program are available via 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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