Head of grants and investment attraction department
Specialist in finding and receiving grants, developing business plans and attracting investments for businesses and public organizations
Lending for business
Lending allows businesses to obtain funds relatively quickly to finance their needs.
Today, there are special loan programs to support small and medium-sized businesses, which are the vast majority in Ukraine.
Such lending, depending on the chosen program, allows you to scale your activities, replenish working capital and implement projects (in particular in the field of energy efficiency). We will talk about this and other aspects in more detail below.
What business can get a loan?
To obtain a loan, a business must meet a number of requirements, which are first checked by banks and other financial institutions:
- firstly, the legality of registration as a legal entity or sole proprietorship;
- secondly, proper financial discipline and the absence of tax debts;
- thirdly, the presence of a real history of activity (one year or more);
- fourthly, a good business reputation and the absence of court proceedings in the criminal and administrative spheres;
- finally, profitability and the possibility of securing loan repayment (collateral, surety).
What can be the terms of lending for business today (under the support program)?
The support program for small and medium-sized businesses (also called “Affordable Loans 5-7-9”) aims to increase the availability of bank lending for Ukrainian enterprises.
It compensates for part of the interest rate, which makes loans much more profitable for business.
Among its main conditions, it is worth highlighting the following:
- annual rate — 5, 7 or 9% depending on the annual income of the business (for agricultural producers 0%);
- lending amount — from UAH 200,000 to UAH 60,000,000 inclusive;
- loan repayment period — from 3 years (for agricultural producers for sowing campaigns — up to six months);
- the goals of business lending are to purchase equipment, expand production, resume work after a rocket attack (or full-fledged relocation), and refinance existing loans.
In order to be able to obtain such a loan for your business, you need to prove that all ultimate beneficial owners are residents of Ukraine and have nothing to do with the aggressor state.
The business must also meet other requirements, which have already been partially mentioned above. To learn more, we advise you to seek advice from one of our qualified lawyers.
What does a business need to participate in the lending process?
Starting from the preparation of documents and ending with the approval of the application, the business must responsibly approach the task.
As a general rule, all procedures for approving lending for business are as follows:
- submission of an application and necessary documents;
- assessment of creditworthiness and solvency;
- interview with the manager to accurately determine the goals of lending (not allowed in all cases);
- signing agreements on collateral (pledge or surety) to provide a bank or other financial institution with proper guarantees of loan repayment;
- signing of a loan agreement;
- opening a project account for depositing funds (however, more often funding goes to the current account of the enterprise).
It is important to know! Almost 85% of success in obtaining loans for business is made up of properly executed documentation confirming the financial condition (statements, turnover letter for the last year, and others).
Here, the services of a reliable accountant may come in handy, since even after receiving a loan, certain difficulties can be expected (payment of commissions from 0.75% of the amount to the institution, return of the amount, registration of a credit vacation, etc.).
Legal support for obtaining a loan for business: what services do we provide?
Prikhodko & Partners Law Firm, having lawyers with different professional experience, will help entrepreneurs navigate the complexities of the procedure for obtaining a loan.
Our qualified lawyers will be able to provide a range of services, including:
- introductory legal advice on the terms of the loan program;
- qualitative assessment of the financial and legal capabilities of the business to obtain a loan;
- professional assistance in the preparation of applications and documentation (except for financial, which is handled by our separate accounting department);
- legal analysis of the loan agreements proposed for signing, etc.

The process of obtaining it requires careful preparation of financial documentation, application and business plan (in some cases, when it comes to the implementation of a certain investment project).
In order to maximize your chances of success and prevent possible legal risks when signing a loan agreement, we advise you to immediately think about ordering full-fledged legal support from our specialists.
Don’t waste time: fill out the form below and find out the price of support for obtaining a loan for your business today!
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