MICROLOANS FOR YOUR BUSINESS – CATTLE BREEDING

Intended for all those who run private business or have well developed idea for start-up of private business from the area of cattle breeding.

1-stocarstvo

 

Purpose of loan:

  • expansion of livestock;
  • purchase of fodder, raw materials and production materials;
  • purchase/repair of machines, equipment, transport and delivery vehicles/vessels;
  • construction/adaptation of business facilities;
  • all other investments in fixed and turnover assets necessary for expansion and development of business.

Basic features of loan:

  • from 500 € to 5,000 € in the first cycle;
  • up to 10,000 € in repeated cycles;
  • repayment period from 5 to 36 months;
  • possible grace period up to 6 months;
  • interest rate  ranging from 1.49% to 1.89% per month (calculated on the remaining amount of loan, so called descending rate);
  • non-recurring commision for the processing of the loan application ranging from 0.5% to 1.5%;
  • guarantees: by assessment.