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9. Loans from the Revolving Credit Fund (EAR)


CREDIT LINE OF THE EUROPEAN AGENCY FOR RECONSTRUCTION  (EAR) – BRUSSELS

Loan Purpose  

- Financing purchase of equipment and financing purchase of intermediate goods  to a small extent

Loan Amount  

Per project up to  € 200,000

Loan Repayment Term

Up to 5 years with grace period up to 1 year

Nominal Interest Rate

Three-month  LIBOR + 3.25 p.p. per annum

Loan Application Handling Fee

1% of approved loan amount, front end fee

Security

Mortgage on real estate, pledge on equipment, surety of legal entities, deposits of physical persons and legal entities, pledge on securities or some other security instrument acceptable to the  Bank

Comment

Credit line is intended for small and medium size enterprises with majority private ownership and excluded sectors are agriculture, investments in real estate for market sale, trade and refinancing



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  • Short-term loans
  • KOM-BEL loans
  • Working capital loan
  • Framework revolving loans – Revolving loan
  • Investment loan
  • Loans covered with 100% deposit
  • Allowed Overdraft under Current Account – Overdraft loan
  • Loans from credit line of European Fund for Southeast Europe (EFSE)
  • Loans granted from EAR`s Revolving Credit Fund
  • Loans granted from EIB`s investment line
  • Loans from the Government of the Republic of Serbia Program
  • Loans from the Credit line of the European Bank for Reconstruction and Development Credit Line (EBRD)
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