The refinancing loan is designed for financing investment outlays and for repayment of short-term, medium-term and long-term liabilities of the applicant.

The refinancing loan is granted for a maximum term of 15 years, and the financing term depends on the refinancing subject matter. The loan may be repaid on a one-off basis or in the form of instalments determined in the course of review of the application for financing and set forth under the loan agreement.

The refinancing loan is granted in various currencies:
EUR, GBP, USD, CHF, JPY.

The loan interest rate is based, depending on currency, on LIBOR/EURIBOR plus the margin of Meridian Capital Enterprises.

In order to obtain the loan, one needs to submit an application using the form of Meridian Capital Enterprises, along with the documents required in order to assess the credit capacity and the value of loan collateral.

The list of documents needed to carry out the process of granting financing in the form of the refinancing loan:
1. documents confirming the legal status; authorising to pursue business activities,
2. description of the business activities and the business prospects during the term of financing,
3. information concerning the applicant’s assets,
4. the financial statements for the last two full years and for the ended months of the current year,
5. the list of receivables and liabilities,
6. opinions from other banks and financial institutions rendering services to the applicant and relating to the balance and timeliness of repaying financial liabilities owing to them by the applicant,
7. the statement on the balance of tax liabilities towards the state treasury,
8. the title deeds and the signed lease or rent agreements covering the business locations,
9. the signed contracts for sales of commodities or services,
10. documents pertaining to the refinancing subject matter, including in particular:

• the investment outlays,
• the credit agreements,
• the documents representing the basis for refinancing.

11. the documents concerning the proposed loan legal collateral:

• copies of entries to the land and mortgage registers of properties owned by the applicant,
• the list of fixed assets that may represent collateral,
• the list of warehouse stock that may represent collateral,
• the list of contracts that may represent the subject-matter of assignment for collateral purposes,
• the list of insurance agreements that may represent the subject-matter of assignment for collateral purposes.

12. Other documents determined in the course of the review by Meridian Capital Enterprises, required for the appropriate assessment of the credit capacity to repay the loan applied for by the applicant.

The loan is disbursed in installments upon having established the legal collaterals securing the loan. The amount of loan disbursement will be diminished by the commission owing to Meridian Capital Enterprises for the granted loan, in the amount set forth in the loan agreement.

At Meridian Capital Enterprises Ltd., the enterprises may combine various forms of financing by: