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. Customers must own 30% of the funds needed for funding and Fondi BESA offers up to 70% of the investment value.
LOAN CHARACTERISTICS:
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Up to 150,000 Euro |
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Euro |
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Up to 8 years (96 months) for amounts up to 60,000 Euro Up to 10 years (120 months) for amounts over 60,000 Euro |
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1.5-5% according to loan terms |
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Mortgage, Lien, Pledge, Endorsement depending on the loan amount. |
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Depending on client preference: • Flat – equal installments for the whole repayment period. • Declining – Interest is calculated on the remaining amount of principal. |
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16% – 25% 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 |
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14.47% up to 24.29% |
Example :
Amount of Loan | Monthly installment | Maturity (months) | Guarantee |
---|---|---|---|
5,000 | 141 | 60 | LIEN |
10,000 | 276 | 60 | Mortgage |
25,000 | 613 | 72 | Mortgage |
65,000 | 1,171 | 120 | Mortgage |
• 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!