Bizpozyka

Bizpozyka - offer overview

Bizpozyka is a non-bank lending company with two main products: a short-term loan of up to 26 days and longer loans for 4 or 6 months.

Amount and term

Loan amounts range from 1,000 to 150,000 UAH. The short-term product runs 23–26 days, the longer products run 113 (16 weeks) or 169 days (24 weeks).

Rate

For the up-to-26-day loan, the daily rate is 0.01%. For the 4/6-month loans, the real annual rate ranges from 7,052% to 10,376%, depending on amount and term. An origination fee of 20-21% of the loan amount applies.

Requirements

Borrowers must be aged 18 to 75, with a Ukrainian passport (domestic or international) and tax ID.

Summary

Bizpozyka offers a wide range of amounts and terms, but the longer products (4/6 months) carry a very high real annual rate - over 7,000%. The short-term product (up to 26 days) is more favorable thanks to its low 0.01% daily rate.