Loans for working capital purposes

Such loans are advanced for the requirements of current payments, procurement of raw materials and consumables to be invested into production. The repayment period is up to 1 year, whilst the instalment frequency is negotiable (monthly, quarterly, semi-annually...). Loan amount depends on the borrower's creditworthiness.

Lending terms and conditions

Front-end fee

1.50%, but not less than EUR 107 (if the borrower holds one of the packages intended for MSEs, then 50-100% discount might be applicable).

Security instruments

Loans in the amount of up to EUR 25,000 can be backed with negotiable security instruments only.
Security for loans in excess of that amount is negotiated with the borrower.

Medium-term revolving loan

A medium-term revolving loan agreement must stipulate the loan cap and term. The maximum repayment term for such a loan is 36 months, and the maximum drawdown term is 24 months. During the last 12 months of repayment it is not possible to withdraw new funds, but only repay the utilised amount in instalments.

Loan amount:

Depends on the borrower's creditworthiness

Purpose:

working capital funds

Interest rate:

depending on the borrower's status

Front-end fee:

1.50%, but not less than EUR 107 (if the borrower holds one of the packages intended for MSEs, then 50-100% discount might be applicable).

Loan repayment term:

up to 36 months

Security instruments:

Loans in the amount of up to EUR 25,000 can be backed with negotiable security instruments only.
Security for loans in excess of that amount is negotiated with the borrower.