Guarantees of payment up to UAH 20 million without collateral from ‘Pivdenny‘ Bank

‘Pivdenny’ Bank offers payment guarantees for Ukrainian businesses of up to UAH 20 million without collateral. The interest rate for using the guarantee is from 1.8% per annum with the possibility of obtaining preferential pricing conditions for new customers for the first 3 months of use. The product also provides a simplified approach to decision-making and warranty issuance.

A payment guarantee is a bank's obligation to pay an amount of money to the seller if the buyer breaches the terms of the contract and fails to make payment within the contractual period. A payment guarantee is a useful financial instrument for any Ukrainian company involved in the distribution, sale of goods and services.

Thanks to this product, the process of receiving goods or services becomes more mutually beneficial for all parties to business relationships, enabling sellers and distributors to work with their customers on a deferred basis. This tool also provides an opportunity to increase sales volumes by expanding the customer portfolio.

A simplified approach to decision-making and processing will allow businesses to save time and direct it to development, and a preferential price will save money.