Import financing ‐ financing of goods/raw materials import for their further sale on local market of Ukraine as well as for maintenance of current production activity of the companies.
Bank provides credit funds for direct payments to the foreign seller.
Proceeds from sale of goods /products produced are directed for the loan repayment. Participation of OTP Bank in import operations can also be made through issuance of documentary instruments (documentary letters of credit, bank guarantees). During structuring of transaction, it is also important to consider current currency legislation.
- pledge of fixed assets (property complexes, real estate, equipment, vehicles, agricultural machinery)
- pledge of goods in turnover
- pledge of property rights under deposits placed in OTP Bank
- credit repayment guarantee of other bank acceptable for OTP Bank
- financial surety (corporate guarantee) issued by a company acceptable for OTP Bank
- financial surety of the borrower`s owners