Support for SMEs > Access to finance

SME Finance Facility Phase II

Amount: 
UAH equivalent of EUR 250 000
Investment focus: 
All SMEs

The KfW programme of the EU4Business SME Finance Facility Phase II is implemented by the German-Ukrainian Fund (GUF), with funding from the EU and Germany through the German Development Bank KfW.

The GUF SME Investment Support programme works with local partner banks and local administrations to stimulate local currency lending, especially for micro, small and medium-sized enterprises (MSMEs) in Ukraine that are not earning foreign currency and cannot afford the high costs of borrowing.

Partner Institutions

Procredit bank

Who can participate:

Individual entrepreneurs and SMEs (fewer than 250 employees and annual income below EUR 10 million).
Type of activity: Agriculture, forestry and fishery, manufacturing industry, temporary placement and organisation of food, supply of electricity, gas, steam and air conditioning.

Loan conditions:

Maximum loan amount: UAH equivalent of EUR 250,000.
Maximum loan maturity: 2 years.

 

KredoBank and JSB ‘UKRGASBANK’

Who can participate:

Small enterprises (fewer than 50 employees and annual income below EUR 5 million).
Medium enterprises (50-250 employees, annual income EUR 5-10 million).

Loan conditions: 

Maximum loan amount: UAH equivalent of EUR 250,000.
Maximum loan maturity: 6 years.
Interest rate: 15%

Criteria of loan project:

1. Independence of the enterprise: more than 25% of equity cannot be owned by a large enterprise.
2. Type of activity: agriculture, manufacturing, hotel and restaurant, energy efficiency.
3. Purpose of loans: purchase, modernization of equipment, reconstruction of premises.
4. Own contribution of the borrower: not less than 20% of the investment project.

Interest Rate Compensation Programme for SMEs – Kyiv City State Administration, Kharkiv State Regional Administration, Ternopil Regional State Administration

Nature of the Programme:

Under the programme, 50% of the nominal interest rate set by the loan agreement is compensated for SMEs in Kyiv city, and Karkiv and Ternopil regions

This means the interest rate will be the lowest available in Ukraine – currently 6.75%.

Who can participate:

Small enterprises (fewer than 50 employees and annual income below EUR 10 million).
Medium enterprises (50-250 employees, annual income EUR 10-50 million).

Loan conditions:

Maximum loan amount: UAH equivalent of EUR 250,000.
Term of interest rate compensation: 2 years.

Criteria of loan project:

1. Registration and placement of production facilities in Kyiv city, or Kharkiv or Ternopil regions.
2. Type of activity: industry, educational institutions, development of housing and utility services.
3. Purpose of loans: purchase, modernization of equipment, reconstruction of premises.
4. Own contribution of the borrower: not less than 20% of the investment project.

GET MORE INFORMATION AND APPLY

Contact the local bank for more information:

ProCredit Bank PJSC
Address: 107-А Peremohy Prosp., 03115 Kyiv, Ukraine
Phone: 0-44-590-10-00

German-Ukrainian Fund special lending conditions
Financing programme for clients with a gross annual income of no more than EUR 10 million
http://en.procreditbank.com.ua/business-clients/loans/

 

KredoBank
78a, Sakharova str., Lviv, 79026 Ukraine
+38 032 297 64 70
https://www.kredobank.com.ua/

 

JSB "UKRGASBANK"
Tel:      0 800 309 000 (free calls within Ukraine)
358 – for mobile calls
+38 044 494 09 70 (separate line for SMEs)
Contact center email: contactcentre@ukrgasbank.com
Address for correspondence: 16-22, Bogdana Khmelnitskogo Str. Kyiv, 01030, Ukraine

 

 

IMPLEMENTING PARTNER