Loan for micro and small enterprises

Designed for legal entities and registered entrepreneurs operating over a minimum of 12 months.

Loan purpose: Procurement of fixed and/or current assets and current liquidity. 

Principal amount: up to EUR 10.000 in the first cycle

                               up to EUR 30.000 in repeated cycles

Maturity:                up to 84 months (depending of the purpose of loan)

Grace period:       up to 3 months (depending of the purpose of loan)


Monthly installments are aligned with clients’ creditworthiness.

Loan is disbursed to legal entity’s or natural person’s bank account.

 

Possible collaterals: Writ of execution, Personal writ of execution, Guarantee agreement, Pledge, Mortgage, Bill of exchange issued by legal entity. Mortage is possible but not principle collateral for loans above EUR 10.000.

Guarantees are determined in consultation with the client.