“BESA TOURISM” LOAN
The Fondi BESA offers you the best solution – the “BESA TOURISM” Agricultural Loan.
“BESA TOURISM ” AGRICULTURE LOAN targets businesses that operate in the tourism sector or individuals that want to start up a business in this sector.
With the “Besa Tourism” loan, you can decide yourself how much the monthly installment will be.
The application procedures are very simple and transparent!
Visit us at one of the nearest BESA Fund branches, and our staff will welcome you.
LOAN CHARACTERISTICS:
 AMOUNT |
The maximum loan amount is 6,000,000 ALL |
| CURRENCY |
ALL |
| TERM |
Up to 7 years (84 months) |
| FEE |
1-3% according to the loan term |
| COLLATERAL |
Without collateral up to 600,000 ALL Amounts over 600,000 ALL: Mortgage, Lien, Pledge, Endorsement depending the loan term and conditions. |
| REPAYMENT |
Irregular: Based in the production cycle, this loan might be repaid in irregular monthly installments, flexible, seasonal. The monthly repayment amount will be calculated based on the client monthly income. |
| INTEREST |
15% to 20% Interest rate is consistent with: • Loan amount and terms • Collateral to be used as a guarantee for the loan • Number of loans the client has benefitted |
| EXAMPLE | |
| Amount | 300,000 ALL |
| Maturity | 24 Months |
| Nominal annual interest | 20.00% |
| Fee (in %) | 2% |
| Fee (in value) | 6,000 ALL |
| APR | 29.80% |
