Lending
JSC ISBANK provides legal entities, as well as entrepreneurs without the formation of a legal entity, the following types of financial services that allow customers to fully meet the needs for borrowed funds:
The Bank offers loans in the form of an overdraft with the possibility of daily sampling and repayment of credit resources within the credit limit set depending on the average monthly credit turnover on accounts to finance expenditure operations in case of a shortage of its own funds to customers who are constantly on cash and settlement services at JSC ISBANK, who have significant cash turnover on current accounts, an impeccable credit history and a stable financial condition. The loan is provided on accounts in Russian Rubles, US Dollars, Euros.
- execution by the Bank of payment orders issued to Customers on the account;
- payment of payment claims submitted to the account, except for those submitted for settlements under credit agreements, in the absence/insufficiency of the client's own funds on the account.
The overdraft limit and conditions are established based on the results of the financial analysis of the client and the analysis of the average monthly turnover on the accounts. The interest rate is determined based on the market conditions. Interest is accrued on the loan amount actually used.
- Simplified procedure for financing current business needs: automatic issue/repayment without additional approval from the bank;
- Overdraft allows you to use cash in all areas related to revolving financing;
- Overdraft allows to stabilize the client's cash flows to a certain extent by providing access to additional funds in case of unforeseen expenses.
JSC ISBANK offers loans to finance current business activities in Russian Rubles or foreign currency, depending on the needs of the client.
In order to reduce the Customer's credit servicing costs, various lending regimes can be applied, including:
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in the form of a loan with a one-time selection of credit resources;
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in the form of a loan with a set schedule for the selection of credit resources;
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in the form of a credit line with an issue limit (a free schedule for the selection of credit resources, repayment of credit resources is carried out according to the established schedule or at the end of the loan term);
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in the form of a credit line with a debt limit (a free schedule for the selection of credit resources, repayment of credit resources is made according to the established tranche for loans within the validity period of the credit line).
The interest rate can be fixed or floating as agreed with the client. In the second case, the loan rate will change along with the movement of financial markets. These options can allow clients to flexibly manage their market risks, reducing the dependence of the financial result on inflationary and market trends. Interest is charged on the amount of use on the loan.
Repayment of the loan is carried out according to the established schedule or in one amount at the end of the term of the agreement.
- Payment in tranches or in full amount within the period established by the agreement, depending on the needs of the business;
- Stability of business cash flows in the event of cash gaps;
The ability to choose between a floating and a fixed interest rate.
JSC ISBANK offers medium- and long-term loans for the purpose of financing investment projects and/or modernization of existing production facilities.
The loan is granted in one amount or in tranches during the period of use specified in the agreement.
The interest rate can be fixed or floating as agreed with the client. In the second case, the loan rate will change along with the movement of financial markets. These options allow clients to flexibly manage their market risks, reducing the dependence of financial results on inflationary and market trends. Interest is charged on the amount of use on the loan.
The loan term is set individually depending on the payback period of the proposed project. Repayment is carried out according to the established schedule. As a rule, the terms of lending assume a pledge of the financed object.
The individual terms of the agreement are determined after a detailed financial analysis of the client and the project.
- Payment in tranches or in full, depending on the implementation schedule of the investment project/conditions of the funded project;
- The ability to choose between a floating and a fixed interest rate in agreement with the client;
- Individual approach to the loan terms depending on the payback period of the project;
- Individual approach to the loan repayment schedule, depending on the business plan drawn up.
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JSC ISBANK is interested in cooperation with reliable borrowers, therefore certain requirements are imposed on organizations wishing to use the bank's credit products. At the same time, preference is given to organizations who are the client of the Bank, who have a stable and promising business. The borrower must have successful work experience, own capital, a positive credit history and the ability to provide the bank with sufficient liquid collateral that guarantees the fulfillment of all its obligations to the Bank. A pledge of property, securities, rights, a guarantee or surety of a third party, whose solvency the Bank does not doubt, can serve as a possible collateral for a loan. The collateral may belong to both the borrower organization and a third party. The pledge of the property is subject to insurance.
We are ready to help in choosing the most suitable method of financing or a specific loan product for you, as well as provide the necessary advice when developing financial and credit schemes, preparing a package of documents necessary for obtaining a loan (for expert advice, you need to contact the Head Office or representative offices of the bank).