Loans from the Credit Line of the European Fund for Southeast Europe (EFSE)

WORKING  CAPITAL  LOANS

Purpose

- Working  capital financing
- Exports financing
- Stock financing
- Financing of claims
- Other purposes

Currency

Dinars with currency clause  in EUR

Interest Rate

- For loans with repayment term up to 24 months: 9.95% per annum
- For loans with repayment term from 25 to 36 months: six-month  EURIBOR+8.95pp per annum

Loan Repayment Term

Up to 36 months from loan disbursement date

Loan Utilization

Flat disbursement

Grace period

Up to  3 months

Loan Repayment

- For loans with repayment term up to 24 months in monthly annuities
- For loans with repayment term from 25 to 36 months in monthly instalments

Exchange Rate

NBS middle exchange rate for loan disbursement, repayment of principal and calculation of interest

Loan Amount

- Depending to the client’s creditworthiness,
- Minimum loan amount is EUR 1,000.00, maximum loan amount is EUR 100,000.00 in RSD counter value

INVESTMENT LOANS

Purpose

- Purchase of equipment, machines and vehicles
- Purchase and construction of business premises
- Refinancing own investments implemented within previous 12 months

Currency

Dinars with currency clause   u EUR

Interest Rate

Six-month  EURIBOR+7.85pp per annum

Loan Repayment Term

- Up to  60 months from loan disbursement date for purchasing equipment, machines and vehicles
- Up to 84 months from loan disbursement date for purchasing and construction of business premises

Loan Utilization

Flat disbursement or maximum in two tranches

Grace Period

- Without grace period for vehicle purchase
- Up to 6 months for purchase of equipment, machines and purchase of business premises
- Up to 12 months for construction of business premises

Loan Repayment

In monthly instalments

Exchange Rate

NBS middle exchange rate for loan disbursement, repayment of principal and calculation of interest

Loan Amount

- Depending on the client’s creditworthiness ,
- Minimum loan amount is  EUR 3,000.00, maximum loan amount is   EUR 100,000.00 in RSD counter value