Credits

Depending on the type of projects implemented by the Bank’s clients, JSC Belagroprombank can offer different way of financing:

• Loans into the ongoing activity
• Loans to finance investment projects
• Export credits
• Soft loans for housing construction
• Credits without specifying the conditions of intended use
• Credits to rural tourism
• Credits to small business
• Overdraft crediting
• Factoring
• Leasing
• Financing of foreign trade contracts
• Microcredit

Moreover, bank can provide guarantees as security for the proper performance of obligations of the client to his creditor. All the issues on lending are solved by the borrower and the Bank on the contractual basis by entering into a loan agreement.

Standard package of documents, provided by the economic entity for the consideration of possibility to obtain loan, includes:  

• Application for a loan;
• Legal entity or individual entrepreneur form;
• Copies of foundation documents and documents confirming head’s empowerment;
• Accounting and financial reports (annual, quarterly);
• Cash flow forecast;
• Information about the proposed methods of enforcement of obligations under the loan agreement;
• In case there are accounts (current, in foreign currency) in other banks, than banks certificates on the balances and cash flow of not less than 3 months and presence of unsettled payment instructions to the current (settlement) account are needed; 
• In case there are unpaid credits in other banks, certificates from these banks are needed. 

Borrowers, who are not customers of the Bank, have to provide also following documents:

• copies of the documents required by law for the appropriate legal form of legal entity, certified by a notary or a higher authority, or by the registration office;
• copy of state registration (re-) certified by a notary or by the registration office;
• card with samples of signatures of persons entitled to use the account, and the seal of the account holder, certified by a notary or a higher authority;
• certificate of the bank, whose client is the borrower, on the claims  to the current (settlement) account (including the availability of off-balance account to the card file "Settlement documents are not paid on time"), certified by the chief accountant or the director and containing the seal of the bank.

JSC "Belagroprombank" also provides services prior to or accompanying the procedure for issuing loans to business entities:

• financial inspection of the investment projects to determine their economic efficiency and recommendations on the project implementation; 
• research on the prospects of investment market development and elaboration of the suggestions on enterprise investment policy;
• advice on preparation of the documents on investment credit;
• carrying out control measurements on the construction work.