Programme of express lending in Bank FORUM
The programme of express lending was developed to provide access to financial resources for small enterprises and private entrepreneurs that have already proved their potential to work in the environment of formation and development of business but have not managed to accumulate adequate material resources that could serve as a collateral for the loan. The main advantages of the programme are:
- registration of the loan within 24 hours from the application receipt
- no collateral required
Amounts of loans provided are up to 15 000 Ukrainian hryvnias (or an equivalent in USD).
Tenors are up to 12 months with monthly repayments of principal and interest in equal parts.
List of documentation to be provided by legal entities
The applicant should attach the following documents to the application form:
- Quarterly reports (balance, form ¹ 2, certificate to the form ¹ 2, profit and loss statement) for the last three quarters
- Copies of the constitutive and registration documents
- Minutes of Appointment ¹ 1 on the appointment of director or chief accountant
- Minutes of Shareholders’ Meetings with the confirmation of the amount and the purpose of the loan and authorization of managers to sign all documentation connected with the loan extension
- Passport copies of the officials authorized to sign documentation and of the chief accountant
- Copies of contracts for premises rent and transport lease as well as joint venture agreements
- Account statement from the bank with movements on accounts for the last 6 months with details of executed operations
- Balances for the last 6 months with a monthly breakdown
- List of fixed assets regardless if it is accrued on the balance or not
- List of inventory holdings (goods, raw materials, semimanufactures) as of the date of application
- Copies of licences, patents and permissions.
- List of debtors and creditors of the applicant as of the date of the application
- Calculation of the cost price of manufactured goods (loans for production development)
- Any other documents that may contribute to the decision making on loan provision (invoices, contracts, customs declarations, guarantees and other)
- Signatories card with signatures of the Chairman and Chief accountant with a seal of the company
If applicant provides copies of the documents then the originals should also be provided for comparison.
The applicant should consider that all information provided in this application form or to the loan expert should be true and correct. Any mistake, misleading or incorrect information from the side of the Client may result in delays in the decision-making process and in refusal to extend a loan or mistakes in the future documents’ execution.
Applicant should also realize that any information or documentation directly or indirectly connected with the application can substantially speed up the decision-making process.
List of documentation to be provided by private entrepreneurs
- Passport
- Identification number (tax id)
- Registration certificate
- Single tax patent
- Rent contracts
- Quarterly tax declarations for the last two quarters
- Any other documents that may influence the decision-making process
- Any other documents that may influence the decision-making process