PrivatBank has started issuing loans for businesses online

PrivatBank introduced a new service for corporate clients and entrepreneurs — the possibility of issuing loans for business development entirely online through the “Privat24 for Business” platform.
As reported member of the board of PrivaBank Yevhen Zaigraev, the process of obtaining a digital loan consists of six simple steps that can be performed without visiting a branch or involving a manager. The service is available to legal entities with a sole founder — a natural person (100% ownership) and entrepreneurs who have been working for at least 24 months, have an acceptable financial status and an average monthly bank account turnover of more than 100,000 hryvnias over the past three months.
“We offer our customers true digital business loans to make financing for entrepreneurs and businesses more accessible and simple, like using credit cards for retail customers. The development of digital services for businesses in war conditions is a priority for the bank so that businesses can count on the bank’s support without unnecessary bureaucracy and without the need to spend time visiting the bank,” – emphasized Yevhen Zaigraev.
It is also reported that the maximum amount of PrivatBank’s online loan for business support and development for entrepreneurs and legal entities is UAH 1 million. Payment for the loan is calculated on the balance of the debt on the body, and the possibility of free early repayment allows customers to effectively manage the costs of the loan.
You can apply for an online loan in the new web version of “Privat24 for Business” – the “Loans” menu – the “Online Loan for Business” banner.