Loans from credit line of the European Fund for Southeast Europe (EFSE)

 

Working Capital Loans

WORKING CAPITAL LOANS

Purpose of loan

- financing working capital

- financing export

- financing supplies

- financing receivables

- other purposes

- refinancing 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 loan disbursement

Drawdown

In an 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

Loan amount

- depending on the client’s creditworthiness

- minimum amount of loan EUR 1.000,00, maximum amount of loan EUR 100.000,00 in RSD counter-value

Collateral

Collateral depends on the client’s creditworthiness