Purchase on credit
Currently we cooperate with the Development Bank, which gives our customers (outside the Republic of Belarus) export loans on attractive terms.
TERMS OF EXPORT LOANS FOR THE PURCHASE OF OUR PRODUCTS:
|Purpose of loan||Payment for the goods (work, services) supplied (performed) by residents of the Republic of Belarus. The Borrower is a buyer of Belarusian-made products, a non-resident, including the subjects of the exporter’s distribution network.|
|Minimal loan amount||1 000 000 U.S. Dollars equivalent (in certain cases – less)|
|Maximum loan amount||85% of the export contract amount (15% of the export contract amount – from other sources)|
|Loan currency||U.S. Dollars, Euros, Russian rubles|
|Loan period||до Up to 5 years|
|Type of crediting||Revolving line of credit, non-revolving line of credit, lump-sum credit|
|Security||Insurance coverage by the Insurance Company “Eximgarant of Belarus (obligatory).
In a number of cases additional security may be necessary: government guarantee, local government guarantee, third-party guarantee, bank guarantee etc.
|Insurance premium||To be paid before loan drawing, as % of the loan amount. The amount depends on the category of country risk, the borrower’s financial condition and the presence of additional security. Payment options: one-time, semiannually, quarterly|