OREANDA-NEWS. Ukrainian bank "Finance & Credit" offered SME-segment clients a new car loan tool named "Used vehicles on credit", the bank's press-service reported. Under the said facility, a crediting period may reach 5 years with maximum loan amount up to 80 percent of the rateable value of a vehicle. Loans can be granted to individuals or a legal entity both in UAH, USD or EUR.

According to Leonid Pervak, Deputy Chairman of the Board of the "Finance & Credit" Bank , the facility enables SME representatives to obtain a loan to buy cars and trucks, buses and mini buses, trailers and semitrailers of domestic and foreign manufacture.  "Besides, this facility has a number of advantages among which there are a possibility to buy a vehicle for business from any individual or legal entity without participation of a car dealership, low interest rate and an option of preschedule loan cancellation without any penalty pay," Mr. Pervak pointed out .