| Users |
|
| Target group |
- Private micro and small enterprises and entrepreneurs (MSEs) that are registered on the territory of R. Macedonia
|
| Amount of loan |
|
| Currency |
|
| Interest rate |
- 5,5 % per year fixed, for short term loan
- 5,5 % + 6m EURIBOR, for long term loan
|
| Fee Processing |
- 0.5% of the amount of the loan once in advance for loans with tenor up to 12 months;
- 1% of the amount of the loan once in advance for loans with tenor more than 12 months
|
| Repayment period |
|
| Grace period |
|
| Repayment |
- Monthly installments and revolving for short term loans;
- Monthly installments for long term loans;
|
| Purpose of the loan |
- Working capital (purchase of raw materials, commodities trade or other material);
- Fixed assets (equipment, machinery, installations, constructions, renovation and modernization of operating facilities and production facilities and other investments);
|
| Prepayment fee |
- 3% of the amount of the outstanding for long term loan
- 0% of the amount of the outstanding for short term loan
|
| Collateral |
Combination of the following instruments:
- Mortgage on real estate,
- Pledge on movables and rights,
- Guarantors;
- Entities as a guarantors;
- Other collateral acceptable to the Bank
|