Oschadbank issued the first loan under the new energy program within the framework of “Affordable Loans 5-7-9%”

Oschadbank authorized the first loan under the new energy equipment financing program within the framework of the state program “Affordable Loans 5-7-9%” with an annual interest rate of 0%.

The financing in the amount of UAH 2,049,530 is intended for the purchase of a GUCBIR GJB550 diesel generator. The equipment was supplied by the bank's partner, Aleanda & K LLC. The loan was received by an entrepreneur from the Lviv region who works in the sawmill and planing industry and specializes in the manufacture of pallets and other sawn timber products.

The purchase of an autonomous power source will allow the company to minimize the risks of downtime, ensure the stability of production processes, and fulfill contracts in the event of power outages.

"The fact that the first energy loan was issued at the start of the program demonstrates that Oschadbank is capable of quickly, conveniently, and reliably implementing state instruments to support business. We are ready to promptly finance projects that help entrepreneurs strengthen energy resilience and protect their businesses from downtime," said Natalia Butkova-Vitvitska, member of the Oschadbank Management Board responsible for MSMEs.

Please note that the state program "Affordable Loans 5-7-9%" offers energy loans at 0% annually. The maximum amount of financing is up to UAH 10 million, with a term of up to 3 years. The difference between the market rate and the zero rate is compensated by the state through the Entrepreneurship Development Fund.