The amount of financing granted by the Development Bank fully or partially on account of family funds shall not exceed 85% of the total investment costs with VAT.
Term of the loan:
The principal debt repayment:
To secure fulfillment of obligations under the loan agreements the Development Bank accepts all types of collateral as specified by legislation of the Republic of Belarus.
Requirements to the applicant (borrower):
credit rating estimated in line with the Development Bank’s methodology is A or B;
the applicant has no outstanding indebtedness on credit-type liabilities to banks, including the Development Bank as of the date of documents submission;
the applicant is not in the process of reorganization, liquidation (winding-up);
as of the latest report date the authorized capital did not exceed the net assets value;
there are no losses from realization of products, goods, works, services for the previous year;
the total amount of obligations under the concluded suretyship agreements and cost of property pledged on third parties’ obligations does not exceed 35% of the assets value as of the latest report date (hereinafter- limit), or exceeds the said limit provided that EBITDA value is not more than 4.
Requirements to investment projects:
The project is economically efficient and financially feasible as confirmed by the project’s business plan.
For the Development Bank’s authorized body to review the issue of possible loan granting the applicant is to submit a set of documents in conformity with the Development Bank’s local regulatory acts as specified in the section “Sets of documents”.
Head of the Department of Client Management
Tel.: +375 (17) 309 68 01, +375 (17) 309 68 89, mobile: +375 (29) 603 38 94
Representatives of the Department of Client Management in Branches:
+375 (162) 53 76 35 (Brest); +375 (212) 64 65 41 (Vitebsk);
+375 (232) 26 33 49 (Gomel); +375 (152) 75 43 39 (Grodno);
+375 (17) 309 68 65, +375 (17) 309 68 67 (Minsk);
+375 (222) 25 88 99 (Mogilev).