Working Capital Loans

WORKING CAPITAL LOANS

 

Purpose of loan

- financing working capital

- financing export

- financing supplies

- financing receivables

- other purposes

- refinansing of loans obtained from other banks

Currency

RSD with currency clause

Nominal interest rate

- for loans with repayment period of up to 24 months: 9.45% per year, variable

- for loans with a repayment period from 25 to 36 months: six-month EURIBOR + 8.95 pp per year, variable

Repayment period

up to 36 months from the date of disbursement

Drawdown

in a one-off payment

Grace period

up to 3 months

Repayment

- for loans with repayment period of up to 24 months - in monthly annuities

- for loans with repayment period from 25 to 36 months - in monthly installments

Exchange rate

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

Amount of loan

- depending on the client’s creditworthiness

- minimum amount of loan EUR 1,000.00, maximum amount EUR 100,000.00 in RSD countervalue

Security

security depends on the client’s creditworthiness

Investment Loans
 

INVESTMENT LOANS 

Purpose

- purchase of equipment, machines, vehicles

- purchase, construction of commercial space

- refinancing the client’s own investment made in the past 12 months

- refinansing of loans obtained from other banks

Currency

RSD with currency clause

Nominal interest rate

six-month EURIBOR + 7.35 pp per year

Repayment period

up to 60 months from the date of disbursement for the purchase of equipment, machines, vehicles

up to 72 months from the date of disbursement for the purchase and construction of commercial property

Drawdown

one-off payment or in maximum two tranches

Grace period

- no grace period for the purchase of vehicles

- up to 6 months for the purchase of equipment, machines and commercial property

- up to 12 months for construction of commercial property

Repayment

in monthly installments

Exchange rate

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

Amount of loan

- depending on the client’s creditworthiness,

- minimum amount EUR 3,000.00, maximum amount EUR 100,000.00 in RSD countervalue

Security

security depends on the client’s creditworthiness