BUSINESS LOAN IN EURO
• Do you want to make an investment in EURO?
• Do you have your income in EURO?
• Does your business conduct transactions with international companies?
Fondi BESA offers you loans in EURO currency!
This is to facilitate the investment and loan repayment process by reducing the exchange rate risk the client mightface.
The client will have no change in the loan installment even if there is fluctuations in the foreign exchange rate.
LOAN CHARACTERISTICS:
 AMOUNT |
The maximum loan amount is 50,000 Euro For special cases Fondi BESA considers disbursing loans to the amount more than 50,000 Euro |
| CURRENCY |
Euro |
| TERM |
Up to 8 years (96 months) for amounts up to 50,000 Euro Up to 10 years (120 months) for amounts over 50,000 Euro |
| FEE |
1.5-5% according to loan terms |
| COLLATERAL |
Without collateral up to 5,000 Euro Amounts over 5,000 Euro: Mortgage, Lien, Pledge, Endorsement depending the loan term and amount. |
| REPAYMENT |
Depending on client preference: • Flat – equal installments for the whole repayment period. • Declining – Interest is calculated on the remaining amount of principal. |
| INTEREST |
For amounts up to 50,000 euros: starting from 18%
For amounts over 50,000 euros: starting from 16% Interest rate is consistent with: |
| NEI |
Example :
| Amount of Loan | Monthly installment | Term (months) |
|---|---|---|
| 5,000 | 160 | 48 |
| 15,000 | 330 | 84 |
| 24,000 | 488 | 96 |
• Figures are approximate. For accurate figures, you need to get the right information at your nearest office of Fondi BESA in your city.
• Please download the Standardized Pre-contractual Information Leaflet
Apply!
