Loans to businesses at Raiffeisen Bank: quick and without red tape
Business development requires financing to cover cash flow shortfalls, purchase equipment, update vehicles, or scale operations. At such moments not only the terms of the loan matter, but first of all, speed, simplicity andpredictability of the process.
Raiffeisen Bank has been cooperating with the Ukrainian businesses for over 20 years. It is classified as a systemically important bank according to the NBU and holds leading positions among the Ukrainian banks in terms of the SME loan portfolio, investing significant volumes of funds in the economy of the most dynamic, yet the most vulnerable segment.
Such an experience enabled building credit processes, so that the customer receives financing without unnecessary delays and red tape.
The key feature of the approach is that the Bank often develops a credit solution even before the customer officially requests it. The possible parameters of the financing are determined based on the financial activities and operational dynamics of the business, and a ready-made solution is offered to the customer, which is available on demand.
For this, a business needs to meet just the following basic requirements:
- Availability of an active account with the bank;
- Regular turnover;
- Stable financial behavior.
As a result, the lending process is significantly simplified:
- scope of analysis is reduced;
- list of the documents is narrowed down;
- decision is often taken quickly or automatically.
In fact, it means that a loan is often already available and requires no extra effort from a customer. The Bank can proactively offer financing – without visits to a branch, complex procedures, and in some cases without collateral.
Such opportunities are especially relevant for small and micro businesses, where the speed of decisions is essential.
Unsecured loans up to UAH 24mn are a separate product category. They enable businesses to quickly meet their current needs while forming a positive credit history to further increase financing.
The digital interaction format is a significant advantage. A customer may file an application, as well as sign documents using online channels and receive funds without paper-based processes and visits to branches. It ensures speed, convenience and full control.
In addition, the Bank actively supports the following investment areas: equipment, transport, energy-efficient solutions and enterprise development financing. Partner programs help customers to plan growth and implement long-term projects.
Conclusion:
A loan by Raiffeisen Bank is not a one-time solution but part of systemic cooperation with businesses. Due to clear approaches, digital tools and the use of up-to-date data a customer receives access to financing quickly, conveniently and exactly when needed.