Terms of lending
CJSC ''Zepter Bank'' lends to legal entities, including small and medium enterprises, in BYN and foreign currency. In case of necessity of payment in other currency, conversion of loan currency to the currency of payment is made.
Loans are granted for the following purposes:
working capital replenishment (for current activity that is not prohibited by legislation of the Republic of Belarus);
A loan may be granted as a lump sum or in the form of a credit line, including a revolving "debt limit" or "disbursement limit", in the form of an "overdraft".
A credit line is the granting of loans within an agreed limit over a certain period of time. A credit line has advantages in comparison with one-time loans as it enables the borrower to dispose of the credit resources promptly and significantly saves the time required for negotiating and processing one-time loans.
Overdraft is a short-term loan, which is granted by debiting the account by the Bank in excess of the account balance. The overdraft limit may be set at not more than 60% of the amount of average monthly receipts on the current account of the borrower for the last 3-6 months, "cleared" from the amounts at the expense of credit funds.
Companies with a positive credit history and stable account turnovers with the Bank have advantages in reviewing the loan application and determining the terms and conditions of the loan. The application review period depends on its complexity, completeness and promptness of the information provided and, as a rule, does not exceed 1-2 weeks.
When reviewing loan applications, the Bank carries out a comprehensive analysis of the borrower's creditworthiness, assesses the borrower's financial stability in order to determine the risk of default, evaluates the quality and value of the collateral offered to the Bank, agrees with the borrower on the form and schedule of the loan and other terms and conditions of the loan agreement.
Regular clients have an advantage in reviewing loan applications and, if a positive decision is taken, can obtain a loan within 1-2 days.
The Bank is ready to provide its clients with a flexible individual approach to loan granting, development of the most acceptable in each particular case lending schemes. This may involve a combination of different terms, forms of granting, currency, collateral, making payments through groups of legal entities and private entrepreneurs involved in the borrower's business, and other clients' wishes.
CJSC ''Zepter Bank'' appreciates its clients and is ready to offer beneficial cooperation on the best terms.