Oschadbank expands cooperation with leading manufacturers of agricultural machinery and launches a partnership program with Elvorti, the largest domestic manufacturer of sowing and tillage equipment in Ukraine, whose products are exported to 15 countries in Europe and Asia.

The plant produces sowing, tillage and harvesting equipment for the agro-industrial complex, in particular, specializes in the manufacture of seeders for sowing grain and arable crops, cultivators for continuous and inter-band soil cultivation.

As part of the partnership program, agrarians — MSME clients are provided with financing for the purchase of new equipment from 0.01% for up to 84 months, with a 1% issuance fee.

Among the advantages of the program:

- priority consideration and reduced time for making a loan decision;

- a simplified list of financial documents for obtaining a decision;

- absence of requirements for evaluation and notarization of collateral;

- operational communication with the personal manager responsible for affiliate programs at the regional level.

"In these exceptional times, we realize that we need to provide even more financial solutions to support strategic industries. Therefore, we continue to expand the list of partnership programs to provide Ukrainian farmers with preferential financing on terms better than the general market conditions. Currently, Oschad has more than three hundred such programs, which, for example, allow farmers to cover all their needs for machinery and consumables", –  emphasized Natalia Butkova-Vitvitskaya, member of the Board of Oschadbank responsible for MSMEs.

"Agriculture is a key sector of the Ukrainian economy, and its success depends to a large extent on access to modern machinery. However, the purchase of new agricultural machinery, such as ELVORTI equipment, can be a significant financial challenge for many farmers and requires financing. That is why preferential lending for machinery is a critical aspect for the development of the agricultural sector of Ukraine", –   said Sergiy Kalapa, Chairman of the Board — CEO.

Contact OshchadBusiness  for details and consultations: 0 800 219 800.

Press service of Oschadbank