Rosko Group

partner
Rosko Group LLC terms of cooperation
Loan duration

limit — up to 12 months

Loan currency

UAH

Loan amount

without restrictions

We make decisions on loans

within 30 working days from the moment all documents have been submitted

Loan type

renewable credit line

Since 2008, the ROSKO Group has operated on the Ukrainian market as a crop protection, seeds and fertiliser reseller and importer.

The company works in partnership with «FABRIKA AGROKHIMIKATIV» and TM «UKRAVIT» crop protection and fertiliser manufacturers, who manufacture ISO 9001 «Agrolan» and «Agrofena» chemicals specially for the ROSKO Group.

Official website

Rosko Group LLC terms of cooperation:

The loan is granted by transferring funds to the borrower's existing account from the loan account which are then transferred to the «Rosko Group» LLC existing account.

Borrower requirements:

  • Has been in continuous operation for more than 12 months.
  • Generating stable profits allowing the borrower to pay monthly instalments on the loan and to pay interest without negative consequences for the business; financial class of the borrower — at least 5.
  • Monthly payment on the loan plus interest — no more than 30 % of the average proceeds from business activity (taking into account all previously assumed loan/lease commitments (including those to other banks).
  • A positive credit history (if any).
  • The borrower/guarantor should preferably own equipment, real estate, etc.
  • Guarantee of the owner (owners), which owns (jointly own) at least 51 % of shares in the statutory capital of the borrower.

Guarantor requirements:

  • A good business reputation.
  • Absence of negative information on the guarantor in the Bureau of credit histories.

Loan commissions:

  • Loan issuance fee — from 0.5 % of the limit granted.
  • Commission for execution of the loan documents — UAH 1,000.

Cost of the item to be bought:

Property valuation is conducted by the department of valuation and pledge transactions.

Collateral:

а) Immovable property (located in Ukraine only):

 

— housing fund (apartments, houses, cottages, etc.)

80 %

— non-residential premises (commercial, office, warehouse, cultural, entertainment real estate)

75 %

— land plots

75 %

b) Movable property:

— cars

80 %

— cargo transport

65 %

— passenger transport

65 %

— self-propelled agricultural machinery

65 %

— other transport (motor transport, special purpose transport, etc.)

65 %

c) Fixed assets (movable property):

— equipment/tools, etc.

65 %

d) Current assets:

— goods in turnover

60 %

— work in progress (raw materials, supplies, semi-finished products)

60 %

— finished goods

40 %

e) Property rights to funds placed on a deposit account with the bank.

The amount of the deposit should cover the amount of the principal plus the interest payable for 3 months.

Insurance:

One of the mandatory conditions for granting the loan is the insurance (annual) of the collateral by an accredited insurance company against inherent risks during the whole life-time of the loan agreement.

Loan repayment:

Repayment of the tranche — at least 3 equal instalments during the last months of the loan agreement

Repayment of loan interest — on a monthly basis.

Conditions of financing:

Interest rate — from 14.5 % per year in UAH.